European stocks seen mixed after global sell-off on recession fears

Global markets were routed on Wednesday as the U.S. 2-year/10-year Treasury yield curve inverted for the first time since 2007, while the U.K. 2-year/10-year curve inverted for the first time in over a decade. Yield curve inversions are traditionally seen as indicators of an oncoming recession. German and French bond yields also hit record lows.

Stateside, the Dow Jones Industrial Average dropped over 800 points, posting its worst day of 2019 and falling to a two-month low. Weak economic data out of Germany and the euro zone compounded fears within Europe, with the German economy contracting in the second quarter. Asian tumbled on Thursday afternoon, led by the Japanese Nikkei 225, which fell 1.56%. Investors are closely watching geopolitical developments after U.S. President Donald Trump on Wednesday tied a potential U.S.-China trade deal to the humane resolution of protests disrupting Hong Kong. The announcement came after reports of Chinese paramilitary forces assembling along the Hong Kong border.

In other trade war developments, U.S. officials said on Wednesday that no concessions were made by Beijing after President Trump postponed 10% tariffs on over $150 billion worth of Chinese imports. U.S. Commerce Secretary Wilbur Ross told CNBC that the move was not a "quid pro quo" arrangement.

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European stocks seen mixed amid global political uncertaintyEuropean stocks are set for a mixed open on Tuesday as investors monitor political uncertainty in Italy, Hong Kong and Argentina.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

U.S. Stocks Drop as Treasurys Flash Warning SignalU.S. stocks tumbled and Treasury markets sent a new recession signal after weak German and Chinese economic data stoked fears of an impending global slowdown. Why would anyone be worried with trump at the helm this is nuts. Imma go eat a trump steak and use my tariff checks as napkins. MAGA KAGA new worries? LOL fake trade deals maybe? or how about FUNDAMENTALS, lack of QE, and (real inflation adjusted) not enough NIRP! more buybacks aren't even enough to prop up the biggest, fattest, ugliest bubble any more. got gold? So how log till they blame this on Obama?
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Global stocks spooked, oil sinks as bond markets scream recessionAsian stocks slid and oil prices extended a punishing sell-off on Thursday as in... Money isn't everything. TrumpRecession TrumpRecession TrumpSlump TrumpCrash More Tariffs Spooks, sinks & screams... objectivity
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Global Stocks Fall on Recession FearsGlobal stocks and government bond yields fell, as weak economic data and ominous signs from the bond market added to fears about slowing growth around the world. Finally realizing this scam cannot hold itself anymore? Good. 15AugustBlackDay Small minds = small economies = large problems.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »