Europe slips into recession, or so it appears based on flash July PMI survey data. The currency bloc's Composite Output Index (a GDP proxy) dipped to 49.4, below the neutral 50 mark: "Eurozone economy looks set to contract in the third quarter": https://t.co/Sfkrq2vztr pic.twitter.com/UcZyLeaevo
— James Picerno (@jpicerno) July 22, 2022
Confirmed : Depression coming in EU (Lagarde) https://t.co/JHPV6rBhGi
— Wall Street Silver (@WallStreetSilv) July 22, 2022
GERMANY FACES SLOWER GROWTH AND NEW SPIKE IN INFLATION, BUNDESBANK SAYS
— *Walter Bloomberg (@DeItaone) July 22, 2022
GERMAN CHANCELLOR SCHOLZ: 90% OF THE DIFFERENTIAL PRICES FOR BUYING ALTERNATIVE GAS SOURCES WOULD BE PASSED ONTO CUSTOMERS
— *Walter Bloomberg (@DeItaone) July 22, 2022
ECB Review: From “whatever it takes” to “whatever”
lol pic.twitter.com/9mta1Sbh21— Mike Zaccardi, CFA, CMT (@MikeZaccardi) July 21, 2022