Investing.com - Global equity markets have rallied sharply this week, along with other risk-sensitive assets, thanks mostly to growing expectations for further stimulus measures from central banks in Europe and Asia.
The pressure is now on the European Central Bank and People’s Bank of China to deliver and keep the rally going.
Traders are speculating European Central Bank officials will act on March 10, after President Mario Draghi recently signaled the possibility of more stimulus.
Meanwhile, investors waited for the start of the National People’s Congress, an annual legislative session that begins on Saturday. Policymakers there are expected to map out plans to stimulate the sluggish economy.
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