Overseas Trading: ECB Surprise Fuels Global Stock Rally

Stocks in Asia and Europe are higher as traders consider the European Central Bank's (ECB) policy decision

Mar 11, 2016 at 8:38 AM
facebook X logo linkedin

Stocks across Asia closed higher, as traders considered the impact of the European Central Bank's (ECB) surprise policy decision. In China, the Shanghai Composite managed a 0.2% gain, but was outdone by Hong Kong's Hang Seng, which closed 1.1% higher. Japan's Nikkei settled higher for the third straight session, adding 0.5%. In South Korea, the Kospi managed a 0.1% gain. 

Over in Europe, stocks are surging at midday. Aside from expanded stimulus measures from the ECB, traders are taking their cues from rising crude oil futures. Germany's DAX was up 3.2% at last check, with France's CAC 40 close behind, up 3%. London's FTSE 100 has added 1.6% so far. 


Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI