Investors' Confidence Improved on Strong US Data, ECB, BOE Supports Easing Policies

Financial markets rebounded markedly as US economic data impressed. Comments from ECB’s Draghi and BOE’s King helped ease investors’ concerns that other central banks would follow the Fed and reduce stimulus. PBOC’s stabilizing statement also soothed worries over China’s banking sector.

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Investors' Confidence Improved on Strong US Data, ECB, BOE Supports Easing Policies