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Equity Rally Cool Down As ECB Disappoints

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Equities and sovereign bonds suffered a small sell-off yesterday after the ECB held its monetary policy steady, while the market was expecting Mario Draghi to announce an extension of the quantitative programme to September 2017. The European institution left its three benchmark rates unchanged (the refinancing rate at 0%, the[​IMG]

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