Russian credit rating downgraded

Fresh Drop in European Equities

October 20, 2014

European share prices are selling off again following Friday’s interrupted downtrend.  The German Dax, British Ftse and Paris Cac are down 1.1%, 0.9%, and 0.8% so far.  Investors remain worried about the outlook for European growth and fear the ECB Governing Council will not do enough to forestall another slide into recession and possible deflation. […] More