欧洲央行

Divergent reports on ECB pull down stocks

Global stocks fell from multi-month highs in light trading amid divergent newsflow from Europe on how policy makers planned to address the region’s debt crisis.

A report in Der Spiegel magazine said, without citing sources, that the European Central Bank was considering placing a cap on peripheral bond spreads over German Bunds.

The report was dismissed by Germany’s finance ministry, weighing on the single currency.

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