Eurozone stocks facing a soft economy as service sector slows
The gloomy outlook is due in part to a collapse in credit growth as the Eurozone’s money supply declined in July for the first time in 13 years.
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The gloomy outlook is due in part to a collapse in credit growth as the Eurozone’s money supply declined in July for the first time in 13 years.
A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe and market buzz about chipmaker Nvidia's earnings...
A combination of worrying August business soundings from Europe and market buzz about chipmaker Nvidia's earnings later on Wednesday set world stocks on course for a third straight daily gain for the first time this month. Euro zone government bond yields and the euro tumbled as traders bet the European Central Bank may soon pause its interest-rate hike campaign, with money markets now pricing less than a 50% chance of further tightening. Ten-year U.S. Treasury yields recoiled to 4.25%, more than 10 basis point off the 16-year high hit early on Tuesday, the 30-year year yield is down mo...
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero