European markets recovered from Tuesday Losses and are at new highs. The drop from industrial orders in Germany (-3.90% in January), which was worst than the estimation, reinforced the negative trend of the euro, which benefits the stocks of exporting companies. The ECB meeting is the main event of the day. Six years after the U.S. Federal Reserve began quantitative easing, the ECB’s Governing Council committed to its first asset purchases next week in a program amounting to 60 billion euros ($66 billion) a month.