Thursday 3 September 2015

Draghi's Birthday Gift: Germany ETFs Pop On QE Hints

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Germany ETFs steered higher Thursday as investors cheered news of continued stimulus in Europe. U.S. and international stock ETFs traded higher, buoyed by data showing a slowing down in layoffs and comments from the European Central Bank. European stocks rallied as ECB President Mario Draghi, who turned 68 today, cut growth forecasts and hinted that more quantitative easing could be needed. The German DAX rose more than 3%. IShares MSCI Germany

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