: :inin Kyiv (EET)

The greenback goes up – and global markets go down


Will today bring a turnaround for the world’s stock markets?
That’s the question this morning, after a day of sharp losses in global equity yesterday. Major indexes in the US, Europe and Asia all fell, while the TSX/S&P Composite Index lost more than 200 points, and the Loonie was down more than half a cent at closing. The force behind the drop was double-fold: as the European Central Bank kicks off the third day of sovereign bond-buying for their massive quantitative easing program, the euro is sinking fast against the dollar, while in the U.S., a strong job report for February …read more

Source: Macleans

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