The unintended beneficiary of ECB’s policy move

The European Central Bank (ECB) is back in "whatever it takes" mode to stimulate the sputtering economy and Asian markets are set to benefit, say strategists. "The added euro zone liquidity will not find easy outlets in Europe. Bonds are expensive; the German and French 2-year note yields dropped below zero. Some funds will flow into periphery bonds; some into equities and hold their breath," Uwe Parpart, chief strategist at Reorient Group wrote in a note on Friday.


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Euroland | EP2014 | transcontinental | transeuropean

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