European stocks cautiously higher after aggressive ECB stimulus; banks up 2% [CNBC]
Federal National Mortgage Association (FNMA)
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Source: CNBC
European stocks cautiously higher after aggressive ECB stimulus; banks up 2% European stocks edged higher on Friday afternoon after the European Central Bank (ECB) delivered an aggressive stimulus package European Markets: FTSE, GDAXI, FCHI, IBEX The pan-European Stoxx 600 It also cut the rate on its main deposit facility by 10 basis points to -0.5%, a new record low, and introduced tiering measures to mitigate damage to banks' balance sheets. Global markets also received a boost after President Donald Trump said Thursday he would not rule out an interim trade deal with China, after the world's two largest economies showed signs of thawing their ongoing trade war. Asian stocks advanced on both trade optimism and the ECB stimulus "bazooka" with Japan's Nikkei leading gains, while mainland Chinese and South Korean markets were closed Friday for holidays. In corporate news, the London Stock Exchange Hong Kong stock exchange Deutsche Bank will pay $15 million to resolve bond-rigging laws
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Sec Filings
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- 11/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website