The euro slipped back towards seven-month lows, bond yields fell and European shares rallied on Thursday as talk of aggressive stimulus from the European Central Bank next week gained ground. The pan-European FTSEurofirst 300 index .FTEU3 rose 0.8 percent, adding to Wednesday’s 1.4 percent gain, while the Euro STOXX 50 index .STOXX50E was up 1.2 percent. The firm gains came as Wall Street shares closed flat overnight in a pre-Thanksgiving holiday lull and Asian stocks closed modestly higher. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent. “Expectations surrounding the ECB are running very high and this is driving European markets higher, weakening the euro and helping them do better than U.S. stocks,” said Marco Vailati, head of research and investment at Italy’s Cassa Lombarda. “I think and hope the ECB will not disappoint but I realize that it won’t be that easy,” he said. Euro […]