Wide implications as Germany teeters toward recession
A technical recession is defined as two consecutive quart.ers of negative growth, and Germany saw a 0.1% drop in the April-to-June period.
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Senate passes massive $2 trillion coronavirus spending bill
After holding up the process for over a week, the House has finally passed the $2 trillion coronavirus stimulus package via voice vote...
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Dow futures jump 160 points as Wall Street’s monster 2019 rally extends into the...
Equities begin on firm ground building on the momentum from last year
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Negative-Rates Bite: Bundesbank Fears Financial Stability Risks, Moody’s Downgrades Outlook For German Banks
Yield-starved banks expanded lending to “relatively high-risk businesses” and to the property sector, as the Bundesbank considers house prices in many cities overvalued by...
Oil on brink of bear market as coronavirus fuels ‘demand destruction’ fears
Brent oil and WTI are both down by around 17% from their recent peaks
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