11-03-2016 08:45 via news.yahoo.com

Asian markets see afternoon rebound after ECB move

Asian markets ended the week on a high Friday, with an afternoon rally erasing morning losses as investors changed tack on their view of comments from the European Central Bank head hinting its latest rate cut could be its last. Regional markets sank into the red soon after opening as ECB boss Mario Draghi's statement was seen an indication of the limitations on finance chiefs to drag the global economy out of its long-running torpor. The bank on Thursday announced a cut in its deposit rate furt
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