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NewsFeeder
12-04-2015, 04:25 AM
Investors still spinning from ECB brace for U.S. jobs, OPEC

[Reuters] - There was no respite on Friday for investors still reeling from the disappointment of the European Central Bank's stimulus package the day before, as they geared up for the latest U.S. employment data and a key OPEC meeting of oil producers. The prospect of less ECB stimulus than markets had discounted pushed stocks deeper into the red, while the euro snapped back after soaring 3 percent on Thursday in its biggest one-day rally since March 2009 and third largest in its history. Bonds found their footing after Thursday's tumble triggered the biggest rise in short-dated German yields for almost five years and the U.S. yield curve steepened the most since July.

Investors still spinning from ECB brace for U.S. jobs, OPEC - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/global-stocks-hit-euro-shines-004003779.html)