DAX Volatility index drops 11 pct to 2-week low

LONDON, Nov 4 (BestGrowthStock) – The VDAX-NEW volatility index
(.V1XI: ), one of Europe’s main barometer’s of investor anxiety,
dropped 11.5 percent to hit a near two-week low, signalling a
rise in investor appetite for risky assets.

The sharp fall in investor fear came after the Federal
Reserve unveiled a plan to buy U.S. government bonds to
stimulate a flagging recovery. [ID:nN03163902]

Europe’s FTSEurofirst 300 index (.FTEU3: ) rose 1.5 percent to
1,105.01 points, trading above the 1,100-mark for the first time
in more than six months.

The Euro STOXX volatility index (.V2TX: ) fell 14.5 percent
and the FTSE 100 volatility index (.VFTSE: ) shed 16.4 percent.

The lower the volatility index, the higher is investors’
appetite for risky assets such as equities and commodities.
(Reporting by Dominic Lau; editing by Simon Jessop)

DAX Volatility index drops 11 pct to 2-week low