Jump to navigation

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
Follow Futures          
       
more >>

We Asked Traders

We asked traders for their opinion on the launch of bitcoin futures

Sponsored Content

Trading

Equities.com launches unlimited trading via Tradier Brokerage, Transforming into a news & fintech portal

Featured Topics

more Commodities>>

Commodities

Energy demand steps back in play
Advertisement
more Volatility>>

Volatility

Volatility & opportunity in the energy sector
more Financials>>

Financials

Daily Price Action: E-mini S&P 500
more Options>>

Options

Trading Vertical Option Spreads

Advertisement

G-20 pits U.S. growth against EU recession amid volatility worry

By Rebecca Christie and Scott Rose, Bloomberg

July 19, 2013 • Reprints

Europe Worry

“I think that people are worried about Europe,” Moscovici said, reiterating that the EU will continue its efforts to lift the 17-nation euro region out of recession. His German counterpart told reporters the focus should remain on expanding the workforce.

“High unemployment must be avoided,” Finance Minister Wolfgang Schaeuble told reporters in Moscow.

Europe is the weakest component in a three-speed global economy that includes fast-growing emerging markets and a medium-paced U.S., South Korean Finance Minister Hyun Oh Seok said in an interview yesterday. He said the EU has reduced the risk of a new shock and now needs to pursue structural reforms, noting that the euro area’s crisis-fighting strategies haven’t always been effective.

‘Being Victims’

Markets overreacted to Bernanke’s initial signal that the Fed may start to cut back on its $85 billion in monthly bond purchases, Italian Finance Minister Fabrizio Saccomanni said in an interview today. He said there’s now an understanding that central banks will provide liquidity as long as needed.

“Emerging economies make a lot of being the victims of policies of industrial countries, including the European ones, that push up the value of their currencies,” Saccomanni said. “But you know, one could easily make the counterargument -- assume that we were following very tight policy in a situation like this, I think the spillover on the emerging economy would be even harder.”

www.bloomberg.com

<<< previous
Page 2 of 2

About the Author

Copyright 2014 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Related Articles
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
GBP/USD drops as weak CPI reduces BoE May rate rise odds
Daily Price Action: E-mini S&P 500
Daily Price Action: E-mini S&P 500
Previous
China removes floor on lending rates amid economic slowdown
Next
Traders watch home sales, prices reports next week
Related Terms
US Federal Reserve 8527European Union 2864Ben S. Bernanke 751Ben S 613Bloomberg Television 360finance ministers 287G-20 185Group of 20 countries 144Wolfgang Schaeuble 105finance chiefs 48Pierre Moscovici 32Anton Siluanov 14Pravin Gordhan 8Hyun Oh Seok 7Jacob Lew 6Mujtaba Rahman 2Fabrizio Saccomanni 1

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
images