Europe (FEZ, VGK, EZU) gives up a sizable early pop (following the BOJ) to close with solid...
Europe (FEZ, VGK, EZU) gives up a sizable early pop (following the BOJ) to close with solid losses. Leading is the FTSE (EWU) -1.1% as it appears the lame-duck leadership of the BOE is going to pass the baton to Mark Carney in July before further stimulus is forthcoming. The euro (FXE) is on a wild ride - plummeting as Draghi started his press conference only to gain it all back and more as the ECB chief said there are limits to what the central bank can do.
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Video at CNBC.com (Jul 12, 2012)
at CNBC.com (Nov 30, 2010)
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