Rate Cut

The ECB shares a similar role in the E.U. as the Fed does in the U.S., it is the top of the banking/dealing system. A central bank rate cut makes credit more available throughout and encourages economic elasticity/expansion, it also helps to check inflation.

Reuters: Euro falls on potential ECB rate cut; Wall St rises

So far this year $109.7 billion has flowed into U.S. stock funds, on pace to surpass annual investment flows in the past decade...