ECB Denies Unlimited Bond Purchases
pbcoacherAnother quiet session due to the lack of important economic data on Monday. Bourses in European and Asia climbed higher earlier in the day as investors were thrilled by rumors that the ECB would adopt plans to limit yields of sovereign debts. Yet, gains were erased after the ECB issued a statement denying any such plans. Meanwhile, the Bundesbank reiterated in its monthly bulletin its opposition on ECB bond buying.
Originally posted here:
ECB Denies Unlimited Bond Purchases
