Tuesday, September 22, 2020

Wide implications as Germany teeters toward recession

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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. Read Article

Senate passes massive $2 trillion coronavirus spending bill

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After holding up the process for over a week, the House has finally passed the $2 trillion coronavirus stimulus package via voice vote... Read Article

Dow futures jump 160 points as Wall Street’s monster 2019 rally extends into the...

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Equities begin on firm ground building on the momentum from last year Read Article

Negative-Rates Bite: Bundesbank Fears Financial Stability Risks, Moody’s Downgrades Outlook For German Banks

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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

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Brent oil and WTI are both down by around 17% from their recent peaks Read Article