ECB pumps a fresh $700 billion into euro banks - The Washington Post
The European Central Bank said Wednesday that it had provided some 800 banks in the euro region with more than $700 billion in three-year loans, an infusion of relatively long-term cash meant to help stabilize the currency zone’s troubled finances. The volume of loans and the number of banks participating exceeded expectations, and financial firms used much of the money to simply retire shorter-term ECB loans that were coming due.
News from The ROBERT | CHARLES Group for investing in the futures and futures options markets. Futures trading is risky. Our goal is to take the risk out of a high risk business. Keep your comments clean and respect others' opinions. Profanity and insults are not acceptable. THE RISK OF LOSS IN TRADING COMMODITY INTERESTS CAN BE SUBSTANTIAL. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD READ AND BE AWARE OF THE RISKS, DISCLOSURES, AND OTHER INFORMATION SET FORTH BELOW. *
The information and data contained on this blog was obtained from sources considered reliable. Their accuracy or completeness is not guaranteed. Information provided on this website is not to be deemed as an offer or solicitation with respect to the sale or purchase of any securities or commodities. Any decision to purchase or sell as a result of the opinions expressed on will be the full responsibility of the person authorizing such transaction.