European shares and U.S. stock futures turn noticeably higher as the ECB's Benoit Coeure makes...

|By:, SA News Editor

European shares and U.S. stock futures turn noticeably higher as the ECB's Benoit Coeure makes it clear the bank is close to announcing a bond purchase program. As expected, the purchases will be at the short-end of the curve and be made in conjunction with a bailout request. Stoxx 50 +1.4%, S&P futures +0.6%. The euro jumps to its highest level since July 4 at $1.2585.

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