ECB cuts rate to 0% and announces new stimulus, but market reactions are mixed

Friday, March 11th 2016 - 05:38 UTC

Full article 3 comments

European stock markets have fallen and the Euro has soared following the economic stimulus measures announced by the European Central Bank on Thursday. After initially rising following the broader than expected package, Frankfurt closed down 2.3%, Paris ended 1.7% lower and the FTSE 100 slid 1.8%. Read full article

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Briton
So much for the remain robots,
stay in and we will be better off,

the ECB
The devil is in the detail of what will be included in the corporate bond purchases, and right now that presents more questions than answers

and we are still losing jobs.
Mar 11th, 2016 - 01:29 pm - Link - Report abuse 0
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Lucifer
You can't fix structural problems with currency manipulation.

Euro is on life support

Wait until the numbers come in from Germany and they see no growth for the whole region.
Possible deflation

UK get out now.
Mar 11th, 2016 - 02:50 pm - Link - Report abuse 0
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Briton
,Britain and Denmark are the only countries that opted out of the Eurozone. This means that the other 26 member States are now supporting each other on financial policy within the EU and moving towards full union, sometimes against the interests of the UK. Britain can only opt out of full Union in the long term by withdrawing from the Lisbon Treaty, signed in 2007, which is a treaty for full Union that came into full effect in 2014.

Few people seem to understand that the EU really will be European “Union”, not a group of separate countires. The UK really will be gone as an independent country. Since November 2014 EU decisions are based on majority voting without a veto. The UK has only one in twelve of the votes. As the EU progresses towards full union the voice of the UK will disappear entirely from the world stage

http://pol-check.blogspot.co.uk/2013/05/membership-of-eu-pros-and-cons.html
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The Great Myth of EU Tariffs
In the past 30 years these tariffs have been progressively reduced as a result of World Trade Organization negotiations and bilateral agreements. Many non-EU Countries now pay little or no customs duty when exporting to the EU.

The story that the UK would face insurmountable tariff barriers if it left the EU is total fiction.
http://pol-check.blogspot.co.uk/2013/05/membership-of-eu-pros-and-cons.html
Mar 11th, 2016 - 08:02 pm - Link - Report abuse 0
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