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Europe higher on Ukraine deal, Sweden QE, Greece delay

Feb. 12, 2015 6:17 AM ETEWD, FXS, GREKBy: Yoel Minkoff, SA News Editor5 Comments
  • Along with Ukraine's new peace agreement, European shares are heading higher as euro-area finance ministers put off decisions on Greece’s bailout terms until next week.
  • Greek officials were unable to reach a deal to stay in an EU bailout program yesterday, and will return to Brussels on Feb. 16 to try to end the deadlock.
  • Meanwhile, Sweden’s central bank cut its main interest rate into negative territory and announced a bond-buying program this morning, sending European shares even higher.
  • ETFs: GREK, EWD, FXS
  • FTSE 100 +0.4%; DAX +1.6%; CAC 40 +1%; Euro Stoxx 50 +1.4%.

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