Markets News Afternoon: Markets rally in response to Eurozone emergency measures; OECD composite leading indicators point to slowdown in pace of expansion
May 10th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; Markets rallied across the globe Monday, after the dramatic announcements from Brussels earlier in the day of a €750bn support package for embattled Eurozone economies and from Frankfurt, confirming that the European Central Bank unprecedented decision to intervene in the government bond market; OECD composite leading indicators point to slowdown in pace of expansion .