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Dax Shrugs ECB, up 27% this Year, Beating Everything In Sight

by Ashraf Laidi

Dec 6, 2012 18:53

Euro sells off on a combination of downward revisions in growth and inflation as well as Draghis indication that discussions over interest rates remained ongoing. But why has the Dax rallied today, hitting fresh 19-month highs , to gain 27% YTD? http://www.cityindex.co.uk/market-analysis/market-news/3288872012/27-dax-shrugs-ecb/

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Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R (2 years ago)
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