DAX hits record after ECB's Draghi takes rates to new lows | Bangkok Post: news

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DAX hits record after ECB's Draghi takes rates to new lows

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Germany's main stock index hit a record high and the euro tumbled to a four-month low on Thursday after the European Central Bank cut all of its key interest rates. 

A photographer takes a picture of the graph of the German stock market index DAX at the stock exchange in Frankfurt am Main on June 5, 2014

Frankfurt's DAX 30 rose more than 0.8 percent to breach 10,000 points for the first time ever after the ECB cut its central refi refinancing rate to 0.15 percent, from 0.25 percent previously.

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