Graeme Wearden and Nick Fletcher. Monday 13 October Despite a wobble when Wall Street moved into negative territory during the afternoon, European markets have, for the most part, managed to keep their heads above water after recent declines.

Mining companies supported the FTSEfollowing upbeat Chinese trade data, while in Europe airlines benefited from the continuing falls in the oil price. The final scores showed:. Bundesbank president Jens Weidmann continues to be at odds with ECB president Mario Draghi over how much stimulus the bank should provide to prop up the ailing eurozone economy, judging by his latest comments today.

ECB 's Weidman sticks to the hawkish script in that 'rates shouldn't stay low for longer than needed', BUT no mention of Draghi fallout. Weidmann is also unhappy at the idea of France postponing its adherence to EU budget deficit targets until According to Reuters he said:.

In the event of further violation of the deficit limit by France, the credibility of the EU budget rules would be damaged if the commission were not to intensify action. The current worries about the health of the global economy are overdone, for the most part, according to Capital Economics.

There are a number of ways in which the deep-rooted problems in the euro-zone could play out. The single currency could muddle through, as it has for many years. But our feeling is that more extreme outcomes are still on the cards, including an eventual break-up.

In any event, it is hard to see any solution that does not involve additional easing by the ECB and further euro weakness in the coming months. We are less worried about the second concern, namely the collapse in the oil price. This slump is partly a reflection of weak demand from Europe and China, but it is mainly due to booming supply and has been compounded by dollar strength and panic selling.

As such, the collapse in oil prices overstates the weakness of world economy. And whatever the reasons for the fall, lower energy costs should actually help to kick-start global growth. The third global concern is the slowdown in the major emerging economies. But this is essentially old news. The bulk of this slowdown took place between andsince when growth has actually been relatively stable. But this would still be a decent and probably healthier pace.

Overall, our view is that a lot of the bad news for commodity prices — especially metals — is now surely priced in. We think the bulk of these worries are overdone, but again it could be Europe that provides the biggest shocks.

Political developments in the UK and France are worth watching especially closely. This should see Treasury yields resume their upward trend and keep market volatility generally high. Following the latest surveillance visit to Spain by European Commission staff, the EC and ECB concluded the situation was improving but further reforms were needed:.

The recent economic and financial developments confirm the positive trends of stabilisation that have been unfolding over the last two years. However, it will be important to remain vigilant, as the large imbalances from why is uk stock market falling pre-crisis period and the related policy challenges in the labour market and beyond are still substantial.

Full and effective implementation of the reform agenda and, where needed, its further strengthening, is paramount and often requires joint delivery by various tiers of government, as well as close monitoring of outcomes from the reforms. With markets in positive territory for a change, Forex harmonic ea Street is joining in the mini-rally.

In early trading the Dow Jones Industrial Average is up 44 points or 0.

But in September Dave ramsey money makeover review said it would not meet the deadline but would aim instead for Jeroen Dijssellbloem, chair of the eurozone finance ministers, said on Friday it should not be given extra time, and ahead of the Eurogroup meeting he continues to express his doubts:.

Italy fin min Padoan: Confident Italy is making its way back to sustained growth. In a note entitled DeutschlandingCredit Suisse analysts say the recent poor data from Germany shows how imbalanced its economy is, with its bias towards exports:. Recent euro area data suggest that a slowdown in cyclical momentum has lurched into sharp recession: That collapse in production is more statistical artefact than reality, in our view. The euro area and German economies have slowed, but are not in recession.

Industrial production data should reverse their falls in the autumn. But, still, something has happened, even if recent data are an exaggeration. Reliable indicators do point to a slowdown in German manufacturing, in part driven by its hitherto successful capital goods sector.

We think this marks an important shift.

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Those imbalances have until now driven significant economic out performance. But external demand has turned less supportive.

The key question is what that means for growth, in both Germany and the euro area.

In the short term, slower German growth is likely to keep euro area GDP growth anaemic, given how insipid the recovery is in the rest of the euro area. So far, negative feedback from weaker external to domestic demand in Germany and the rest of the euro area looks limited. Although some further deterioration is likely, it may be offset other factors pushing for an improvement in euro area domestic demand dynamics. Still, insipid GDP growth and diminishing external demand require stronger domestic stimulus.

The political will for, let alone implementation of, looser fiscal policy is still absent.

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That leaves monetary policy: Another mechanism to offset this would be a weaker currency. As it happens, such a fall would likely benefit the export sector in other euro area economies rather than Germany. Please choose your username under which you would like all your comments to show up. You can only set your username once. International edition switch to the UK edition switch to the US edition switch to the Australia edition.

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Rolling business and financial news, as European and Asian markets continue to be pummelled. Key events Show 5.

The final scores showed: The FTSE finished Facebook Twitter Google plus. Live Squawk livesquawk ECB's Weidmann: According to Reuters he said: Jeroen Dijssellbloem, chair of the eurozone finance ministers, said on Friday it should not be given extra time, and ahead of the Eurogroup meeting he continues to express his doubts: FIGURES IN FRANCE BUDGET NOT HOPEFUL - MNI October 13, https: Live Squawk livesquawk Italy fin min Padoan: Confident Italy is making its way back to sustained growth October 13, Topics Eurozone crisis Business live.

Financial crisis Financial sector Stock markets FTSE. Fears of global slowdown spark fall on European and US stockmarkets.

Will the stock market crash? Why are the American stocks falling? | City & Business | Finance | icoqerum.web.fc2.com

Price of oil pushed to four-year low, while FTSE experiences biggest one-day fall since June FTSE hits month low as stock markets slide - live. Growth fears, falling inflation and disappointing US economic data has sent shares falling across Europe and in the US, with the FTSE tumbling by points. Specialist bank cites deterioration of global equity markets as share prices tumble from recent peaks. Order by newest oldest recommendations.

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Germany cuts growth forecasts amid recession fears, as Ireland unveils budget - business live. The Berlin government has slashed its growth forecasts, after weak investor confidence added to the torrent of bad German data. World stock markets slide as bad news mounts up. European stock markets and oil fall further as global growth fears mount - business live. The Guardian back to top.