ECB Goes Negative | Z Energy & Synlait Tumble Global markets ​were higher overnight ​​as shares on Wall Street ​hover ​just ​below​ a​ll-time high​s​, buoyed by positive developments on the US-China trade front and a promise of continued stimulus from the European Central Bank. The European Central Bank has gone for stimulus as predicted, cutting its key rate to a record low​ (th​e main refinancing rate is now negative at -0.5%)  and will restart bond purchases of €20 billion a month up to shortly before the next rate decision​.​ ​This weeks podcast discusses ​housing, an Uber Rant and Cannasouth Deep Dive (CBD)​. To listen CLICK HERE.   Stock in Focus: Z Energy (ZEL:NZX / ZEL:ASX) ​​​​​​​​​​​​​​​​​​​​​​​​​​​​Z Energy led the NZ market lower yesterday after cutting its earnings guidance by $60 million, most of which it blamed on "unprecedented" discounting among petrol retailers, coinciding with the Commerce Commission...