Euro Stocks Rallied on Hopes of ECB Stimulus
- The relief rally that swept through Asian markets carried over into Europe with growing hope that the ECB will expand stimulus. Bloomberg's Haidi Lun reports on "First Up”.
- Asian shares are expected to consolidate gains on Tuesday as the Chinese currency and shares show signs of stability, oil prices rebound, and solid U.S. consumption data suggest last week's sell-off was overdone.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade.
Japan's Nikkei .N225 slipped 1.0 percent after it climbed 7.2 percent on Monday, its biggest daily gain since 2008 which recovered a large portion of its 11 percent slump last week - also its biggest since 2008.
Reference: Bloomberg, Reuters
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