European Markets Close Higher, Led By Tech Shares; Atos Slumps 12%
Euro zone manufacturing activity grew at its fastest pace on record in March, with IHS Markit’s final manufacturing PMI coming in at 62.5 compared to February’s 57.9.
Tags: european economy
Europe Weakness Hits Sentiment, Asian Trade Mixed
Recap: Global shares struggled to avoid losses for a fourth consecutive day following weakening business activity in the euro zone, while German and British 10-year bond yields touched multi-month highs.
Saving Jobs Won’t Save Us From Jaws
Mario Draghi’s sunset retirement festivities weren’t supposed to have gone off this way. Celebrated for his July 2012 “promise” to save the euro, he instead spent the entirety of his…
The Charts and Maps that Explain the State of the Pandemic in Germany
According to official figures, Germany has recorded a total of 481,013 coronavirus cases since the pandemic began (up to October 29th).
Government Debt Bombs Are Being Set Globally
Last week we reported on the increasing prevalence and general acceptance of Modern Monetary Theory in, Governments Aren’t Afraid of Debts and the libertarian-leaning American Institute for Economic Research has…
U.K. Signals It Will Suspend Extradition Treaty With Hong Kong
Foreign Secretary Dominic Raab signaled the U.K. will join its international allies in suspending an extradition treaty with Hong Kong after China imposed a national security law on the former…
Dow Caps Off Best Quarter Since 1987 As Strong Economic Data Drives Gains
US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concern over a second wave of COVID-19 cases. The Dow Jones industrial average's 18% gain in the three-month period…
The 170% Stock-Price Rise Leading European Equities This Year
Covid-19 changed many things in the stock market. The meteoric rise of cloud-based platform provider Sinch AB wasn’t one. After a brief interruption to the stock’s ascent when the novel…
The More Central Banks Do, The Worse It Will Be
The team at Icarus Signals always look forward to the latest installment from Jeff Snider of Alhambra Investments,