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Friday, January 23, 2015

European markets rally as euro hits 11-year low

Shares rise on back of €1.1tn quantitative easing announcement by European Central Bank but currency plummetsGreek shares led European stock markets higher ahead of Sunday’s elections in the county, while the euro slid to an 11-year low, in the wake of the European Central Bank’s decision to unleash a huge bond-buying programme.Stock and bond markets around the world were given a shot in the arm by the ECB’s bigger than expected €1.1trn quantitative easing round to fight deflation and revive the ailing eurozone economy. Continue reading...


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