Draghi’s chatter about buying sovereign debt today and other dovish comments boosted European stocks, led by the periphery.
- UK FTSE +0.2%
- French CAC +0.5%
- German DAX +0.6%
- Spain IBEX +1.3%
- Italy MIB +1.3%
On a day when the world’s third-biggest economy crashed into recession, European stocks rally because of more money printing.
