Europe Heading In the direction of a Recession

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Europe Heading In the direction of a Recession

DAX, Euro Stoxx 50, FTSE MIB Value Evaluation & InformationCoronavirus Unfold Continues to Bitter Danger Urge for foodDAX 30


DAX, Euro Stoxx 50, FTSE MIB Value Evaluation & Information

  • Coronavirus Unfold Continues to Bitter Danger Urge for food
  • DAX 30 | At Danger of Bigger Drawdown
  • Euro Stoxx 50 | Eyes on the 2000 Stage

Yesterday’s bounce in fairness markets had as soon as once more been light with weak spot in a single day in Asia spilling over into European equities this morning regardless of the plethora of fiscal measures introduced throughout the globe. One other fear for threat urge for food is the surge within the US Dollar amid indicators of distress within the funding market, very like the 2008 international monetary disaster. Elsewhere, oil costs have continued to move south as increasingly more nations go into lockdown. For wanting on the treasury market, the 2s10s curve has seen a sizeable steepening, which has usually preceded a recession as now we have famous previously.

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DAX 30 | At Danger of Bigger Drawdown

The DAX has continued to fall sharply having damaged under the 2019 (10173) and 2016 (8696) low. There’s little in the way in which of notable help…



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