With questions about what the ECB can do to help the European economy, Michael Hewson looks at why the euro hasn’t fallen as far as some would expect and how capital raising at Deutsche Bank may highlight further concerns.
- EUR/USD has dropped but remained surprisingly strong as traders speculate about the nature of potential ECB easing
- Deutsche Bank is slumping as the bank looks to raise €8bn, highlighting problems that the ECB face
- Divergence in US stocks continues although a potential break in the Russell 2000 may hurt the blue chip indices
- AstraZeneca has tumbled back towards pre-bid levels as the board rejects Pfizer’s ‘final offer’
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Video content by Michael Hewson of CMC Markets.