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Markets suffer volatility following European Central Bank meeting.

The three central bank meetings last week, the Bank of England, the European Central Bank and the Federal Reserve, made very good cases for additional stimulus measures, although they failed to specify what these would be.

Cautious trading of a troubled euro started the week. However, on Thursday, the ECB meeting overwhelmed the markets with uncertainty and disappointment, triggering the single currency to take a massive plunge. Mario Draghi caused a powerful market sell-off at the end of the week, after his comments that the European Central Bank is facing opposition with Germany's Bundesbank, leaving the biggest economy in Europe in a difficult negotiating position. Equities and certai

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Publication:CPI Financial
Date:Sep 3, 2012
Words:122
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