UPDATE 3-European shares fall from 7-week peak on ECB, earnings upset [Reuters (UK)]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: Reuters
European shares fall from seven-week peak on ECB, earnings upset - Reuters 3 Min Read (Reuters) - European shares fell from seven-week highs on Thursday after the European Central Bank held back on big policy moves despite mounting evidence of the damage being wrought on the euro zone economy by the coronavirus crisis. Euro zone banks .SX7E sank 5.5% as the central bank said it would pay more for banks to borrow from it but otherwise kept much of its remaining policy powder dry. “Some market participants had expected other things such as an expansion of quantitative easing. That didn’t happen and explains why markets did not react positively after the announcement,” said Rabobank’s head of macro strategy Elwin de Groot. “But it does show that the ECB felt it was absolutely necessary to make it clear that liquidity is there for all financing institutions.” The ECB reaffirmed its already vast bond purchase scheme, disappointing some investors who were expecting it to raise its target an
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LYG
Sec Filings
- 12/4/25 - Form 6-K
- 12/3/25 - Form 6-K
- 12/2/25 - Form 6-K
- LYG's page on the SEC website