asia pacific shares join global slump as ecb fails to deliver stimulus /

Published at 2015-12-04 09:02:04

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Traders warn that the European bank has lost credibility after encouraging the market to believe that it would unleash yet more cheap money Asian shares have joined a slump in global markets after the European Central Bank’s stimulus package fell well short of markets tall expectations.
Traders warned that the ECB’s failure to deliver another ample round of monetary easing meant that it had “lost credibility” with the markets.
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Source: theguardian.com

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