London, England -- (SBWire) -- 09/27/2011 --Spread betting provider City Index (http://www.cityindex.co.uk/) takes a look at the financial activity shaping the markets on 16th September 2011.
The Nikkei 225 has stormed ahead during trading this morning (September 16th), with the stock index up by 2.25 per cent at market close.
It finished the session on 8,864.16 points, more than 195 points higher compared to Thursday.
Such a rally followed an announcement by the European Central Bank (ECB) that along with other financial institutions, it will carry out three liquidity operations with the US dollar.
The Federal Reserve, Bank of Japan, Bank of England and Swiss National Bank are also joining in with the efforts, which will commence on October 12th, November 9th and December 7th of this year.
Each operation will run for three months, with the final one therefore ending on March 1st 2012.
President of the ECB Jean-Claude Trichet asserted at the Eurofi Financial Forum 2011: "As institutions that are independent, that are devoted to stability and that are medium to long-term oriented, central banks are more than ever an anchor of stability and confidence."
See the City Index Economic Calendar for more information on the latest market moving events .
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Nikkei 225 Rockets After ECB Intervention