The European stock markets climb the highest level in almost three months after the European Central Bank (ECB) announced about the extension of the quantitative easing program (QE) by the end of 2017, alongside the reduction in monthly bond purchases.
Wall Street futures contracts are traded with price gains.
The European interest rate remained unchanged, at 0.00%.
Also, the European Central Bank says it will extend its asset purchase program at 60 billion euros a month, starting in April.
The European stock markets trade is conducted with rising prices following the trend in Asia and on Wall Street.
The FTSE is rising by 01%, the DAX and CAC are climbing by 0.5%
Japan’s economy is growing at a slower pace than expected, according to data that was published today.
The growth in the third quarter amounted to an annual rate of 1.3% compared with the preceding three months, a lower rate than the forecast predicted about a growth of 2.2% and as analysts viewed a growth of 2.3%.
The trading on Wall Street ended yesterday with with sharp rises.
The Dow Jones and the S&P 500 closed at new peaks, ahead of interest rate decisions in Europe later today and at the US next week.
The Italian Prime Minister Matteo Renzi, squeaked in his Twitter account that he will resign from his position formally this evening, after the budget was approved.
Wall Street stock markets are expected to open stably and the blue-chip stocks may continue to break records, at the background of positive trading day trend in the European and Asian markets.
UK industrial output unexpectedly fell in October, the largest decline in eight months.
The output fell by 0.9% compared to the forecast of a slight increase of 0.2%.
The industrial production fell by 1.3%, following a drop in oil and gas output.
It happened after the closure of one of the UK’s major energy fields.
The oil prices fall after the oil minister of the United Arab Emirates announced that OPEC will respond with further oil cut if prices fell further.
The oil sweet Texas fell by 0.7% to 50.55 dollars per barrel and Brent falling by 0.7% to 53.57 dollars a barrel.
365 Stock market news 