Yesterday, Mario Draghi, Chairman of the European Central Bank (ECB) announced that a key interest rate would be reduced to Zero (Zero Interest Rate Policy – ZIRP) and announced further Quantitative Easing (QE or money printing). The European stock markets reacted very favourably after some digestion. The DAX (German market) and CAC (French market) both rose about 3% today (Friday 11 March 2016). The FTSE100 rose about 1.7%.
Comments such as these should not be considered advice or a recommendation to invest. They are purely for educational purposes.