NEW YORK ( TheStreet) -- This week promises to bring a crescendo to the long-expected eurozone actions. The suspense has been building up for about a month, hard to miss unless you had been on vacation the whole time.European Central Bank President Mario Draghi is expected to at least give some concrete guidance as to what the action may or may not be on Thursday, though undoubtedly most of the details would need to be worked out later. It is expected to include buying eurozone sovereign bonds of three years or shorter, as reported by Bloomberg. And, I wouldn't be surprised if they also decide to lower the 0.75% rate, given the recent dismal PMI numbers (all over the world, but especially eurozone and China).
Europe Could Create a Sell-the-News Wave
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