|
Search the Community
Showing results for tags 'troubling.'.
Found 1 result
-
Luigi says... Troubling financial news today could pave the way to the RV. Treat as a rumor. Not varified. Your opine. World currencies plunge as US unveils global steel, aluminum tariffs. by Tyler Durden Thu, 05/31/2018 - 09:19... Well, they were warned. A month after President Trump ordered a delay on global steel and aluminum tariffs, time is up and Commerce Secretary Wilbur Ross is set to announce the imposition of sweeping tariffs on steel and aluminum imports from Canada, Mexico, and the European Union. And the impact is already showing up before the actual announcement with the Loonie erasing yesterday's economic data driven gains... Deutsche Bank crashes after Feds put US on troubled watchlist. by Tyler Durden Thu, 05/31/2018 - 09:11 It was already a terrible week for Germany's largest bank, when the Italian turmoil sent its stock price below €10 for the first time since the bank's existential crisis in the fall of 2016, and it just got worse this morning, following reports that the Federal Reserve has designated Deutsche Bank U.S. operations to be "troubled condition" which the WSJ said was a rare censure for a major financial institution and is being reflected in its price this morning, which is now down over 5%, at €9.35, and rapidly approaching the all time low of €8.834 hit in September 2016 when speculation was rife that Germany would bail out Europe's largest lender. As the WSJ reports, the Fed’s downgrade took place "secretly" about a year ago, and hasn’t been previously made public until today.
