European stocks gain, euro slips after ECB decision

|By:, SA News Editor

The Stoxx 50 (FEZ) is up 0.8% after being about flat ahead of the ECB rate decision, at which the central bank cut all three of its benchmark rates, including taking the deposit facility rate into negative territory.

Italy (EWI) with a 1.3% gain and France (EWQahead 1% lead the way.

The euro (FXE) tumbles about 40 pips, now off 0.3% on the session and buying $1.3563.

Europe equity ETFs: RSX, VGK, EWG, FEZ, GREK, EWP, EWI, DFE, RUSL, IEV, RSXJ, EWL, ERUS, EWU, RUSS, EPV, EZU, EWD, HEDJ, NORW, EWQ, EPOL, EIRL, PLND, EWO, RBL, GXF, EWN, FEU, EWK, FDD, EWGS, FEP, EDEN, UPV, EWUS, DBGR, PGAL, ADRU, ENOR, GERJ, DXGE, FEEU, FGM, EURL, FKU, EFNL, EUDG, DXPS, FSZ, EURZ, FIEU, RUDR, DBEU, HEWG, DBUK

Euro ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

ECB chief Mario Draghi's press conference begins at 8:30 ET.