European shares slightly higher after EU picks France’s Lagarde as ECB head
European shares edged higher in early
trading on Wednesday on hopes that France’s Christine Lagarde,
who was named the new head of the European Central Bank, will
continue with the dovish policy stance of current chief Mario
Draghi.
If approved by the European parliament, Lagarde will succeed
Draghi when his term expires at the end of October.
trading on Wednesday on hopes that France’s Christine Lagarde,
who was named the new head of the European Central Bank, will
continue with the dovish policy stance of current chief Mario
Draghi.
If approved by the European parliament, Lagarde will succeed
Draghi when his term expires at the end of October.
Posted by Reuters
