The market have rallied. Here are the market take aways. 1. ECB launches bond-buying programme with new money 2. Amounts to 60 bln euros a month together with existing schemes 3. Programme to run until end-September 2016 4. National central banks to shoulder bulk of risk 4. Euro tumbles in response Data from Eikon DataStream
The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep them near zero for a “considerable time” in a show of confidence in the U.S. economy. Closing out a two-day meeting against a backdrop of solid domestic
The SP500 overnight was trading higher however after 8am the traders started selling the futures and we opened below yesterday’s low. Which is negative in various time phrames. Later we traded to 1770 the psychological level I marked in the chart and which held so far. The cash still exiting the market 6 days from



