The City roundup video: European markets surge
Video: Oscar Williams-Grut provides a run-down of the day's major news from the City
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Don't miss out on the goings on in the business world, with our daily round-up of the biggest news from the City.
As the world’s elite gather in Davos for their annual meeting, markets across European are surging. Stock markets in France, German, Italy and Spain have all risen by up to 1 per cent this morning. The performance is due to expectations that the European Central Bank will this week announce plans to pump billions into Europe in a bid to boost flat lining economies
At a meeting on Thursday, ECB boss Mario Draghi is expected to announce a programme similar to the quantitative easing regime adopted by the US.
The optimism across Europe contrasts with China, where the Shanghai stock exchange suffered its worst one day fall in six and a half years. It follows a crackdown by the Chinese regulator on excessively leveraged trading.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments