Clarksville, TN Online: News, Opinion, Arts & Entertainment.

Topic: Bank of Canada

Clarksville Weekly Market Snapshot from Frazier Allen for the week of January 26th, 2015


F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – As expected, the European Central Bank (ECB) signaled that it would begin a quantitative easing program, purchasing €60 billion per month in public and private securities through September 2016.

The amount of monthly purchases was a bit higher than anticipated, but that included the ECB’s already-existing program to purchase asset-backed securities and covered bonds. The ECB’s announcement sent the euro sharply lower.

Frazier Allen

Frazier Allen

«Read the rest of this article»

Sections: Business | No Comments

  • Visit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On YoutubeCheck Our FeedVisit Us On Instagram
  • Personal Controls