Search Results for: Europe crisis
European stocks traded higher Thursday; This was the strongest performer
May 16th, 2019
European stocks traded higher Thursday as markets recovered from an early rattle caused by U.S. President Donald Trump’s renewed targeting of Chinese tech firm Huawei. The pan-European STOXX 600 hit a day high in late-morning trade. The STOXX 600 ...
Currencies threatened by a credit crisis
February 15th, 2019
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, ...
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
What to watch in European stocks this morning
December 10th, 2018
Here is what traders are watching ahead of the stocks market open in Europe this morning, December 10, 2018. Sell-Off Signs Futures are pointing lower once more and the signs for how trading may go on Monday are not ...
European shares likely to open mixed as pound plunges on Brexit divide
November 16th, 2018
European stocks may open on a mixed note Friday after the pound suffered its biggest one-day loss against the euro since October 2016 amid a deepening crisis for UK Prime Minister Theresa May. Four ministers, including Brexit Minister Dominic ...
Post-midterms rally in European stocks fizzles out
November 9th, 2018
European shares were flat to slightly higher on Thursday as a rally following U.S. midterm elections sputtered while strong results from Societe Generale, Commerzbank, and Sodexo soothed concerns about corporate earnings. The pan-European STOXX 600 was up just 0.2 ...
Italy Calls Europe’s Bluff — And The Euro Loses Either Way
October 4th, 2018
When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of responsibility would bring Rome back into line. But so far the Italians appear to ...
European stocks finished deep in the red; The biggest losers in Europe
September 5th, 2018
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions between the U.S. and major economies. The pan-European Stoxx 600 slipped to a two-month low during trade, finishing the session ...
Early Review: European stocks finished higher; Investors keep a close eye on news out of Turkey
August 21st, 2018
European stocks finished Monday’s session higher, as investors awaited the outcome of trade talks between the world’s two largest economies, due to take place later this week. The pan-European STOXX 600 was closed up 0.57 percent provisionally, with the ...
