Zero Hedge
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

Blood On The Streets Of Europe - Stocks Crash By Most In 4 Years, Bond Risk Surges

Carnage - everywhere. A surging EUR - as CNH carry traders unwind en masse - has led to an unwind across most risky assets in Europe. This week saw EuroStoxx 600 - the broad index - crash almost 6%, its biggest drop sicne September 2011. Perhaps most stunningly, Germany's DAX was the biggerst loser - collapsing 7.4% on the week. European bonds are are also seeing risk increase dramatically with Portugal and Italy worst (aside from Greece's blowout).


Worst weeek for European stocks in 4 years..


Led by a complete collapse in DAX...


And European bond risks - despite Draghi's promises - are blowing wider...


Charts: Bloomberg