European stock markets mid session: stocks traded higher on speculation for additional stimulus measures by the European Central Bank

Market news

21 October 2014

European stock markets mid session: stocks traded higher on speculation for additional stimulus measures by the European Central Bank

Stock indices traded higher on speculation for additional stimulus measures by the European Central Bank (ECB). Reuters reported today that the ECB considering to start buying corporate bonds. The central bank could discuss the possibility of corporate bond buying program at its December meeting.

The better-than-estimated corporate earnings also supported the European stock markets.

Current figures:

Name Price Change Change %

FTSE 100 6,313.86 +46.79 +0.75%

DAX 8,840.84 +123.08 +1.41%

CAC 40 4,057.71 +66.47 +1.67%

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EURUSD dropped as the European Central Bank is considering to buy corporate bonds

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