Spain takes altitude , Italy barely manages to balance
Services fail to be the addition, but the pace of development is slow , according to indices published euro area today . Italy just approaching the neutral line , posting 49.4 points, one that would signal that the sector is no longer shrinking , while Spain is a notable addition to the 54.9 points, but still below average estimates . On a comparison chart between the two major world economies U.S. look better , but slowly the difference vis-a -vis the Euro area diminishes. It's a trend that can continue without stopping still thirst ECB monetary boost economic bloc .
In relation to the Japanese yen, the Euro has shown weakness in early correlated with risk aversion sentiment which has seized the capital markets. You could suffer again if Draghi press conference in keeping with widespread pre- announce new monetary measures , perhaps a lowering of interest on deposits in the negative .
Greece may receive an extension of the maturity payment received financial aid from the EU to 50 years , with a cheaper cost of 0.5 percentage points, according to recent debates . Dilapidated economy recession can not resist the current cost reimbursements . In fact, a third sequence variant that includes funding would be masked indirect recognition of bankruptcy of Athens, and the choice of rescue was determined by political reasons and to avoid domino effects rather than strictly judging the situation in Greece .
Stocks Have Experienced A Major Technical Breakdown Today: Charts (based on forbes article ) Key technical levels have been broken in the U.S. and Japanese stock markets, making further declines
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