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Stocks slump in Europe as the eurozone recession deeper than expected

Posted on 14 February 2013 with 1 comment from readers

Fourth quarter GDP did not only turn negative in the US, the GDP data from the eurozone today showed a worse than expected 0.6 per cent fall. Stock sold-off heavily in response with US futures also lower. The euro fell against the US dollar.

Is the eurozone about to have another of its periodic hiatuses? The fall in GDP was the biggest quarterly decline since the Lehman Brothers collapse…

Posted on 14 February 2013 Categories: Banking & Finance, Bond Markets, Global Economics, Sovereign Wealth Funds, US Stocks, Video Channel

1 Comment posted by readers:

Comment by John Mark - 14 February 2013

All three of them should go into agriculture!

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