About this episode
Draghi delivers…global stocks move into the green with the Dow hitting a record high after outgoing ECB President Mario Draghi offers the euro zone a sweeping stimulus package featuring a rate cut and a new bond-buying programme. EU commissioner Valdis Dombrovskis responds to Draghi’s call for fiscal action, telling CNBC it will be discussed by European finance ministers in Helsinki. Investors will now turn their attention to the Federal Reserve’s rate decision next week. Asian stocks receive a boost as President Trump delays tariffs on Chinese goods and hints at a possible interim trade agreement with Beijing. In Abu Dhabi, OPEC ministers demand that members accelerate agreed oil production cuts while Russian energy minister Alexander Novak tells CNBC exclusively that President Trump’s market-moving tweets ultimately have zero-impact on his forecasting considerations. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .