Thursday Markets: Eurozone Economy and Nikkei N

thursday markets: The European Central Bank meets Thursday, according to CNN. Markets are waiting to see whether the ECB will release more stimulus to boost the slowing Eurozone economy. Japan's Nikkei N225 and South Korea's Kospi KOSPI rose 1% and 0.9%, respectively, while Hong Kong's Hang Seng HSI gained 1.6%. But China's Shanghai Composite Index SHCOMP was about 0.2% in the afternoon. The Federal Reserve, meanwhile, will hold its policy meeting next week. The comments were widely seen as a signal that policymakers are likely to cut rates again. Fed Chairman Jerome Powell recently repeated his pledge to do whatever it takes to keep the US economy growing. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.