Global Economic Outlook: Markets Hold Their Breath
European stocks declined and the euro made an early drop as the outcome of the Greek referendum and their rejection of austerity had investors flee to the traditional safe havens of US Treasuries, German bunds and the Japanese yen. Following an “equities bailout” by the Peoples’ Bank of China the Shanghai Composite index lifted after the past few weeks’ $ 3.2 trillion sell-off. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get 29USD off! In the Calendar This Week The spotlight falls on this week’s Euro Summit, tomorrow 7 July, where politicians and finance ministers will […]
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