Most European Stocks Climb Before U.S. Homes Data
Most European stocks rose as Moody’s Investors Service kept its investment-grade debt rating on Spain and traders awaited a report that may show American home construction climbed. Asian shares rallied while U.S. index futures fluctuated.
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Will BOJ Stimulus Work for Japan's Economy?
52:10 - Japanese Prime Minister Shinzo Abe announced plans for more than 28 trillion yen ($265 billion) in economic stimulus in an effort to prop up the economy, Kyodo News reported. Abe, speaking in the southern city of Fukuoka on Wednesday, said the measures would be compiled next week, Kyodo said. It must then be presented to the parliament, where approval is a formality because the ruling coalition has a majority in both houses. Tatton Investment Management CIO Lothar Mentel discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."