lower German business confidence

Stocks Down but Currencies Steady

June 22, 2012

At the end of a Thursday that saw global equities decline sharply, Moody’s announced that it was downgrading the credit rating of 15 money center U.S. and European banks. Then today came news of a 1.6-point additional drop in the IFO index of German business confidence. Stocks in Asia and Europe have lost more ground […] More

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Posted in New Overnight Developments Abroad - Daily Update | Comments Off on Stocks Down but Currencies Steady

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Stocks Down but Currencies Steady

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