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European Stocks Inch Up After ECB Prolongs Stimulus (news:09/12/16)

Today's Press

  • The Stoxx Europe 600 inched up 0.6% at midday, on track for its best week since February. The index has risen over 4% this week, supported in recent sessions by expectations for more stimulus from the European Central Bank and a calm reaction to the Italian referendum. Futures pointed to a 0.1% opening gain for the S&P 500, on track to end the week around 2.5% higher.

  • Two days before OPEC ministers gathered in Vienna on Nov. 30, Iran’s oil minister passed a message to his boss, President Hassan Rouhani, people familiar with the matter said: Saudi Arabia wouldn’t agree to slash production without a commitment from Russia.

  • Financial institutions say a lengthy transition period is 'important in order to avoid potential damage to the 'real economy' that is reliant upon uninterrupted access to financial services'

Forex Quotes:

  • USDJPY: 114.88
  • EURUSD: 1.0566


  • S&P 500: 2,246.19
  • NASDAQ : 5,417.36


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