Europe - Economic Data & News 15 (Nov 22 - May 24)

[winston]

European Interest Rates

In Europe, German 10-year yields are approaching 3%, Spanish yields near 4% and Italian yields toward 5%.

This is unsustainable territory for these weak spots in the euro zone (Spain and Italy) to service debt.

With that, the future of the common currency (the euro) comes into question.

Indeed, the euro is looking vulnerable to another run toward, and below, parity versus the dollar.

Source: Barron's

[behappyalways]

When waves of refugees arrive in various countries, right-wing nationalism defeats humanity
當難民一波波湧向各國 右派國族主義戰勝了人道 TVBS文茜的世界周報 20230930
https://m.youtube.com/watch?v=I9rF7a4MwFs


Germany's anti-immigrant AfD party has stormed above the Greens and the SPD and is on pace to become the country's largest political party.
https://twitter.com/zerohedge/status/17 ... 9129479668

[behappyalways]

6 Takeaways From AfD's Massive Gains In Bavaria And Hesse Regional Elections
https://www.zerohedge.com/geopolitical/ ... -elections

[behappyalways]

德總理蕭茲輸掉地方選舉 反移民促使極右派躍升 TVBS文茜的世界財經周報 20231015
https://m.youtube.com/watch?v=mZFPMa3eEW4

[behappyalways]

End Of Free Money Plunges German Construction Industry Into Crisis
https://www.zerohedge.com/markets/end-f ... try-crisis

[behappyalways]

The Swiss Have The Highest Per Capita Wealth In the World
https://www.zerohedge.com/geopolitical/ ... alth-world

[behappyalways]

Eurozone Economy Shrinks For First Time Since COVID, Inflation Tumbles... But EUR Rallies
https://www.zerohedge.com/markets/euroz ... ur-rallies

[behappyalways]

The Dutch Are The Most Likely To 'Borrow' Their Neighbor's WiFi
https://www.zerohedge.com/personal-fina ... hbors-wifi

[behappyalways]

Majority Support For Muslim Migration Ban As 3 In 4 Germans Say Newcomers Hate Western Society
https://www.zerohedge.com/geopolitical/ ... rn-society


The European composite PMI output index pointed to the sharpest decline in nearly three years
https://twitter.com/Mayhem4Markets/stat ... 8147031301

[behappyalways]

Fewer Than 1 In 5 Ukrainian Refugees In Germany Are Employed
https://www.zerohedge.com/geopolitical/ ... e-employed