The Traderszone Network

Defaults are already mounting as companies struggle to generate enough cash to meet their interest costs and repayments.
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Helped by Chinese markets turning positive
– Eurostoxx 50 +0.03%
– Dax futures down -0.1%
– CAC40 flat
– FTSE -0.1%
Bund futures down 14 at 158.45
Shanghai Comp Index closes 0.3% having been down -3% at one stage. CS 1300 Index also closes up +0.3%

Investors largely remained on the sidelines ahead of the key events later this week, such as a European Central Bank policy meeting scheduled for Thursday and U.S.

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Latest data now out
– 0.0% prev
– yy +2.1% vs +2.9% exp vs +3.5% prev from 3.4%

Not good news for Germany which needs to keep domestic demand in buoyant mode

Many analysts are predicting a “lower for longer” scenario in the face global oversupply amid softening demand.
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Greetings one and all
How was your week-end? A fine one for British sport, albeit a little more predictable than the
one result
other
Adam has already mapped out for this week and you can always for the week ahead