Markets are moving higher in risk-on unison after a busy news morning. A few things to be aware of…
The ECB announced its bond buying programme, which will involve OMTs (Outright Monetary Transactions). Use the Guardian’s liveblog to get up to speed on all the details and reactions here.
Also, stateside we got a pleasant surprise on the jobs front as ADP printed a much better than expected number for private payrolls. String together a couple of months like this and we just might have something! Details here at Reuters.
One other thing, Robert Rubin – one of the chief architects of Too Big To Fail banking – fell into a swimming pool last night. Now it’s not just his ideas about finance that are all wet (sad trombone). Check it out at HuffPo.
See ya later.