European shares are at session highs before what is expected to be no action from the ECB. Stoxx 50 +2.2%, led by Spain +2.8%. Hilsenrath's report of a shift in attitude at the Fed is presumably the driver of better action. How far would a surprise move by the ECB in 20 minutes go? [View news story]
I agree this is just a bounce from oversold, not so sure about the Walker affect. Curious to see the affect of the Beige Book this afternoon.
European shares are at session highs before what is expected to be no action from the ECB. Stoxx 50 +2.2%, led by Spain +2.8%. Hilsenrath's report of a shift in attitude at the Fed is presumably the driver of better action. How far would a surprise move by the ECB in 20 minutes go? [View news story]