Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Currency-hedged Europe exchange traded funds popped Thursday on news of a mammoth bond-buying program in the ailing region. Mario Draghi, president of the European Central Bank, unveiled a plan to pump 60 billion euros ($70 billion) a month to stimulate economic growth and curb the threat of deflation. Analysts had expected the program, known as quantitative easing, to target the spending of 50 billion euros a month. "Investors saw this coming,
Currency-hedged Europe exchange traded funds popped Thursday on news of a mammoth bond-buying program in the ailing region. Mario Draghi, president of the European Central Bank, unveiled a plan to pump 60 billion euros ($70 billion) a month to stimulate economic growth and curb the threat of deflation. Analysts had expected the program, known as quantitative easing, to target the spending of 50 billion euros a month. "Investors saw this coming,
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