European markets are expected to open lower despite the European Central Bank launching a 750 billion euro (around $821 billion) bond-buying program.
London's FTSE index is seen 260 points lower at 4,835, the German DAX is expected to open 516 points lower at 7,979 while France's CAC is seen 242 points down at 3,530 and Italy's FTSE MIB is called to open 898 points lower at 14,175, according to IG.
The European Central Bank announced Wednesday a new 'Pandemic Emergency Purchase Programme' that will use €750 billion to purchase securities to help support the European economy. European markets are expected to open lower despite the European Central Bank launching a 750 billion euro bond-buying program designed to help the region's economy through the coronavirus outbreak.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks find support after ECB purchase programAsian stock markets fought to stabilize on Thursday, as the latest promise of st...
Read more »
Australia stocks jump more than 2% as ECB announces $821 billion stimulus packageThe European Central Bank announced a new €750 billion ($821 billion) Pandemic Emergency Purchase Programme which will purchase securities to help support the European economy.
Read more »
ECB Seeks to Mend Rifts as Economic Clouds GatherFor the second time in a week, the European Central Bank scrambled to clarify remarks from one of its top officials that suggested it is unlikely to do more to support the region’s struggling economy.
Read more »
Forbes Under 30 Europe: Meet The European Finance Leaders Of TomorrowEuropean Finance is alive with talent and connectivity as a new generation of entrepreneurs collide with the old structures of a once static system.
Read more »
Australia stocks jump more than 2% as ECB announces $821 billion stimulus packageThe European Central Bank announced a new €750 billion ($821 billion) Pandemic Emergency Purchase Programme which will purchase securities to help support the European economy.
Read more »
European Central Bank announces €750B coronavirus stimulusThe European Central Bank (ECB) announced an economic stimulus program Wednesday night
Read more »