REPOST: Global stock market party settles down for central bank reflection
Markets are back in positive territory but predictions for global financial performance (particularly in Europe) in the years to come are still mixed. This Reuters article has more insights: FILE PHOTO: Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall Global stocks came off record highs and the euro held near a seven-week low on Thursday as investors prepared to parse minutes from the European Central Bank’s last meeting for clues to its exit from ultra-easy monetary policy. Political tensions emanating from Spain, where one of its richest regions Catalonia has pledged to declare ‘independence in days’, was also at the forefront of concerns for European markets. Spain's government bond yields rose to their highest level since March while Madrid's stock market .IBEX headed for its biggest weekly loss of the year. Euro zone stocks .STOXXE steadied from a wobble on Wednesday, but with public holidays acros