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EUR Jumps And Dumps, Stocks Slide As Draghi Suggests Nothing Lasts Forever

Thursday, October 20, 2016 8:42
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(Before It's News)

zerohedge.com / by Tyler Durden / Oct 20, 2016 8:55 AM

The market is not happy. Hit with a double-whammy of “ECB not discussing an extension of QE beyond March” and that “extraordinary policy support won’t last forever.” EURUSD jumped, stocks dumped, and Bund yields spiked. However, a quick hint that “an abrupt end to QE is unlikely” helped a little…

So on the one hand…

  • DRAGHI SAYS ECB DIDN’T DISCUSS QE EXTENSION BEYOND MARCH TODAY
  • DRAGHI SAYS EXTRAORDINARY POLICY SUPPORT WON’T EXIST FOREVER

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The post EUR Jumps And Dumps, Stocks Slide As Draghi Suggests Nothing Lasts Forever appeared first on Silver For The People.

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