4th December 2014 - ECB December Meeting

Dec. 4, 2014 - PRLog -- Stock Port Associates is one of the world’s largest and most established offshore investment firms operating within a tax-favorable jurisdiction. Whether it’s dealing with new regulations, setting up an offshore presence, attracting new investors or identifying independent directors, we have the expertise to assist you.

4th December 2014 - ECB December Meeting

Major European Indexes as of 3rd December 2014

FTSE          6,716.63 (-0.35%)

DAX          9,971.79 (+0.38%)

CAC          4,391.86 (+0.08%)

European markets are expected to open slightly higher today ahead of the December meeting for the European Central Bank.

Since last month's meeting the ECB has been dealing with the fallout of Mario Draghi's comments on the sovereign bond buying program which the head of the central bank announced would be close to coming into effect.

With a string of less than impressive stimulus programs under his belt the news form last month seemed a bit more like a last resort than a dedicated approach to dealing with deflation in the Eurozone. Pressured by the lack of cash being injected into the system after the Federal Reserve exited from its QE in October, and by several other central banks looking to pick up the slack, Mario Draghi is close to placing all his eggs in one basket with this Sovereign debt purchase program.

Despite relatively staunch opposition from his counterparts in Germany, the European Central Bank head seems to have the majority behind him and it is expected that more details on the framework of the program will be announced, all be it without a specific time frame. It is more than probable that any form of sovereign debt purchase would start early next year if it is approved.

What is more certain is that he will continue to secure corporate debt as this is seen as a way to inject some funds into the system and does not require the type of sensitive handling required when looking to purchase sovereign debt from over 28 members of different economic standing and health.

Stock Port Associates (SPA) is one of the world’s largest and most established offshore investment firms operating solely within a tax-favorable jurisdiction. SPA employs seasoned market professionals with expertise in all asset classes with access to all major markets. To find out more please visit http://www.stockportassociates.com for more information or contact info@stockportassociates.com to be contacted by one of our representatives.

DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Stock Port Associates.All market data within this release is for your general information and enjoys indicative status only. Stock Port Associates does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.