Economics
Europe's Economic Outlook Darkens, Sends Shudder Through Markets
- Gauge of financial risk appetite falls to lowest in 2 years
- Stocks tumble, Europe's negative-yielding bond pile swells
Five Days of Declines for European Stocks
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Hints of investor optimism in Europe were snuffed out this week, as the darkening economic outlook registered across the continent and sent stocks and credit markets sliding.
While market turmoil at the start of this year was sparked by a selloff in commodities and Chinese stocks, the reality of Europe’s own woes hit home as companies reported dismal earnings, and policy makers and institutions lined up to cut economic forecasts and warn of further risks.