Market Update: Europe sold off across the board on Wednesday in - TopicsExpress

Market Update: Europe sold off across the board on Wednesday in response to the Bank downgrades described yesterday, before then rallying sharply on Thursday on an ECB announcement that interest rates would remain unchanged "for the foreseeable future". That background has allowed overnight US futures to rally sharply, but not nearly as sharply as Oil, Gold and Silver, which is up 2% overnight. To say that markets are stressed and now unstable would be an understatement. money.cnn/2013/07/04/news/economy/uk-economy-rates/index.html?iid=Lead

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