WS #15289
Holding: newest synthesis is 3d 12h old
The Eurozone Sentix Index has dropped to 2.7, confirming a stagnation narrative that has pushed the Euro to a 17-month low against the Dollar. This macro weakness is weighing on European indices and bond markets, as investors flee risk assets in favor of the stronger US Dollar amid fears of persistent fiscal deficits.
European Economic Stagnation
The Eurozone Sentix Index has dropped to 2.7, confirming a stagnation narrative that has pushed the Euro to a 17-month low against the Dollar. This macro weakness is weighing on European indices and bond markets, as investors flee risk assets in favor of the stronger US Dollar amid fears of persistent fiscal deficits.