You are here

Europe

Futures Trading On Eurex Suspended "Until Futher Notice" Due To Technical Issues

Futures Trading On Eurex Suspended "Until Futher Notice" Due To Technical Issues

While in the US market breaks practically always happen when the market is sharply lower, and are intended to halt any downward momentum, in Europe this simple relationship has yet to be perfected, and for the past hour, following what it announced were technical issues, the Deutsche Boerse-owned Eurex derivatives exchange where futures on such indices as the DAX and Switzerland trade, has suspended trading in its T7 system "until futher notice."

Sellers will just have to wait.

Link for the latest news on the trading halt.

French President Threatens To "Suspend" Nations That Elect "Far-Right" Polticians

French President Threatens To "Suspend" Nations That Elect "Far-Right" Polticians

Last month, we documented the burgeoning spat between Brussels and Poland over the latter’s move to approve new laws that allow the conservative (and eurosceptic) Law and Justice (PiS) government to name the chiefs of public TV and radio, and select judges for Poland's constitutional court.

In response to a bloc-wide backlash, Polish minister Zbigniew Ziobro sent a letter to EU commissioner Gunther Oettinger in which Ziobro dismissed criticism of the new laws as “silly.”

Germany's Looming Demographic Cliff

Germany's Looming Demographic Cliff

Having shown that the world is turning Japanese with tales of economic malaise, extreme monetary policy, and negative rates, Visual Capitalist's Jeff Desjardins shows that Germany, with its 5-yr government bond currently trading at a -0.33% yield, is no exception to this story. However, negative yields are not the only concern that the country has in common with Japan.

Pages