Mario Draghi pushed European markets out of bed Friday morning with a dovish speech, followed by an unexpected rate cut from the People’s Bank of China.
The news sent European stocks surging up. Here’s the scorecard:
France’s CAC 40 is up 2.63%
Germany’s DAX is up 2.30%
The UK’s FTSE 100 is up 1.23%
Italy’s FTSE MIB is up 2.79%
Spain’s IBEX is up 3.04%
Asian markets closed up: Japan’s Nikkei finished 0.33% higher and Hong Kong’s Hang Seng closed up 0.37%.
US stocks are up too: the Dow is 148 points higher, and the S&P 500 is 4 points up from Thursday’s close.
Other than that, it’s a quiet day for data, with only the Kansas Fed’s manufacturing index coming from the US, out at 4 p.m. GMT.
This piece was updated at 2:39 a.m. GMT.
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