The rating agency Moody's lowered the outlook for the creditworthiness of the euro countries to “negative”. The more skeptical assessment is based on the high level of public debt. Most euro countries would have only limited buffers to react to a deteriorating external environment. This makes euro area countries vulnerable to geopolitical risks or an increase in protectionism, Moody's commented.
Livingston nh 11:46:25 GMT - 01/15/2020
Critical Mass of Money Creation over the past decade has been pushed out by CBs and politicians w/ idiotic programs
from me 2009 -
"The big currency trend is the steady erosion of manufacturing jobs and some other outsourcing - the only way to reverse that is protectionism through subsidy and offshore tax changes - globalization is dead so the folks who are talking about reserve currencies and changes to the current regime might give that some thought"
SO - nobody expects INFLATION (see Monty Python's Spanish Inquisition)
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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