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| Europe |
| European markets dip amid downbeat growth signals out of Germany and France |
| 2018-12-10 |
| [MarketWatch] European markets traded lower on Monday, as investors failed to shake a hangover from last week’s selloff, with fresh signs of slowing growth in Germany and France, adding to the worries. Among individual stocks, BASF AG tumbled on a profit warning. A decline for sterling gave the FTSE 100 a lift after a report a key parliamentary vote on Brexit has been canceled. What is driving the market? Sterling slid after a midday report from Bloomberg that U.K. Prime Minister May would cancel a key parliamentary vote expected Tuesday on her Brexit plan for and reschedule it. A stronger pound can weigh on the FTSE 100, as the index’s multinational companies generate most of their sales in other currencies, and the reverse works true as well. Earlier Monday, the European Court of Justice ruled on Monday that the U.K. could officially cancel Brexit without the permission of the other 27 EU member states. On the economic front, Germany’s Federal Statistical Office released showing that the county’s trade surplus with the rest of the world narrowed. Blaming protests across the country that have cut into industrial production for a number of sectors, the Bank of France said the French economy will grow slower than originally projected. Global growth concerns and worries that the U.S. and China will struggle to meet common ground on trade were also hanging over stocks, with U.S. stock futures lower, while weaker oil prices also weighed on heavyweight energy companies. |
| Posted by:Besoeker |
| #8 They need to keep importing shithole denizens in order to do the jobs that don't exist. Or something. |
| Posted by: charger 2018-12-10 17:08 |
| #7 ...what a waste of manpower. They've opened up new opportunities with their meddling. Put them on the block and make some money all at the same time. |
| Posted by: Procopius2k 2018-12-10 16:52 |
| #6 No guillotines, just take the elites and send them to subsahara Africa without money or a passport. Let them enjoy the third world without turning Europe into the Third World. |
| Posted by: rjschwarz 2018-12-10 14:44 |
| #5 I think there's a nice Nazi built guillotine in a museum over there somewhere. Short uprights, a spring driven drop to make up the difference. Story is even SS got tired of how "customers" screamed while being put on the platform, so they curtained it off to keep the "customers" more calm. |
| Posted by: M. Murcek 2018-12-10 13:41 |
| #4 It must be nearly over for "La Globalistas" it looks like the "quiet men" are on the streets. I suspect Macron might have one last taxpayer funded ride, but it will be in a Tumbril. |
| Posted by: Bright Pebbles 2018-12-10 11:22 |
| #3 They probably expected more burned cars to spur auto sales, but the modern yellow jacket protesters are more akin to the tea-party and not about mayhem. |
| Posted by: rjschwarz 2018-12-10 10:25 |
| #2 Of course Worst BoE governor ever Carney could raise interest rates to support the pound. But he'll do anything for his globalist (AKA welfare state for the establishment) backers at any cost to the UK taxpayer. |
| Posted by: Bright Pebbles 2018-12-10 08:22 |
| #1 To paraphrase Bobby Peru: "It's sorta hard to be productive when you are assh*le to the world and burning your own streets..." |
| Posted by: M. Murcek 2018-12-10 08:00 |