Good morning! Here are the 10 stories you need to know about in markets today. Europe’s Latest Stimulus Falls Flat. The European Central Bank lent €130 billion ($162.17 billion) to banks in its latest cheap credit programme, in an attempt to get Europe’s stagnant economy moving again. The TLTRO figure (targeted long-term refinancing operation) is likely to be seen as a disappointment. After pretty poor figures in September, analysts were expecting €175 billion to be extended by Frankfurt. Russia Hikes Rates. The Russian central bank has raised rates to 10.5% from 9.5% in its latest attempt to halt the collapse …read more
Source: Business Insider
