Global stocks, euro push higher ahead of ECB stimulus plan (news: 08/12/16)

Today’s Press

Global stocks, euro push higher ahead of ECB stimulus plan

World shares climbed to a three-month high on Thursday as encouraging Chinese data and a record-high Wall Street kept traders upbeat before an expected extension of the European Central Bank’s already generous stimulus program.

EIA’s Short-Term Energy Outlook

The EIA has US production leveling out at just under 8.8 million bpd until Oct. 2017.

Why India’s central bank delivered a surprise to jittery markets

India’s central bank stood pat on interest rates on Wednesday, eschewing the market’s expectation for a cut as the new demonetization policy continues to play out.

Next trading day’s important events

09:45 (GMT+3) Swiss unemployment

11:30 (GMT+3) UK consumer inflation expectations

Forex Quotes:

USDJPY: 114.03

EURUSD: 1.0745


S&P 500: 2,241.35

NASDAQ : 5,393.76

Source:: Global stocks, euro push higher ahead of ECB stimulus plan (news: 08/12/16)

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