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US Weakness Sparks Biggest European Stock Drop In 10 Weeks
Led by Italy and France (with Portugal and Greece relatively outperforming), European stocks extended yesterday's losses with the worst day in broad equities in over 10 weeks. EUR's weakness from yesterday was entirely dismissed as EURUSD surged back from the open in Europe this morning back up to 1.3600. EURJPY's swings are the big driver of equity weakness around the world but sovereign bonds remains relatively flat. Europe's VIX topped 17% for the first time in 3 weeks with its biggest jump in 2 months.
Deja Deja Deja Vu in US Stocks
sends European stocks back to 6-week lows
with only Greece outperforming on the week...
As Italian stocks drop notably...
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OT
Snowden has a lot still to tell
http://www.bbc.co.uk/news/uk-25205846
Weakness? On a double POMO day?
Is it finally time to go short?
Wily Coyote shrugged---
Why is the tide suddenly rushing out to sea now???
Oh look! There's Bermuda and the Azores!
Is that a good thing????
Come on Santa.....WTF are you?
Maybe they all sold Europe to buy Tesla. Fires are no problem, add $2b more to the market cap. Who cares if they guarantee resale value and battery performance for the next eight years? That's the long run, when we're all dead, right?
I believe bankruptcy voids all warranties.
This is the great "double pomo", wow
the pomo mofo fomo mofu fumo mufo fufo fufi fofo.
bullshit
We had 2 POMOs today of course the ponzi euro is up.
http://www.newyorkfed.org/markets/tot_operation_schedule.html
I only see the spx500 down almost 90 points from the time of the scheduled pomo, just seems like those opensource pomo informations are nothing more than bullshit, wonderful from a blog perspective, but totally worthless and counterproductive from a trader perspective.
no it's just bullshit, sorry
WTF are you yammering on about? Look at the eur/usd chart you imbecile!
yeah oh sorry now i see, of course i understand this pomo mofo shofo tofu stuff is about eurusd, the federal reserve pomo is about buy eurusd.
Thank you for this useful teaching, now everything make sense.
Nothing personal dude, but it's just ridicoulous.
Not you baby, relax and have some fun!
;)
It's bad enough Americans are destroying themselves; now they have to take Europeans down with them?
Spoken like a cheap ball'a Wonderbread on hook. I'm biting... How completely stupid can you be?
"with Portugal and Greece relatively outperforming"
ROLF - I knew cork trees and cheap plastic shoe exports would pull them out of the death spiral and back to fiscal health.
And this on a double POMO day. Maybe this is the market saying that $85 billion is no longer big enough.