FRANKFURT, Germany – Christmas is coming – and investors are already convinced they will unwrap an early present Thursday in the form of more economic stimulus from the European Central Bank. ECB head Mario Draghi has signaled clearly that …
|International Business Times||–||
The European Central Bank, the top economic regulatory authority for the eurozone, is considering several options to stabilize European economies in 2016, including a bond-buying program, the Financial Times reported Sunday.
The chances of an abrupt reversal in global markets are rising but overall financial stability risk in the euro area is low, the European Central Bank said on Wednesday, supporting arguments for further monetary stimulus possibly as soon as next week.
The dollar climbed 0.2 percent to 123.09 yen, extending this month’s advance to 2.1 percent, the most since May. Tokyo’s Nikkei 225 retreated 0.7 percent to 19,747.47.