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Euroland is like a train crash in slow motion but short term catalyst is Brexit delay or referendum. GBP has signalled it so
Eurozone manufacturing activity worst in almost seven years — PMI
https://www.google.com/amp/s/mobile.reut...SL8N24P274
Eurozone manufacturing PMI drops in September to worst level in nearly 7 years
https://www.google.com/amp/s/www.marketw...AE1DF60A97
Euro zone industrial output tumbles more than expected in December
https://uk.reuters.com/article/uk-eurozo...ws&rpc=979
Virus is spreading all over the world.

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Coronavirus: Outbreak spreads in Europe from Italy
35 minutes ago

Several European countries have announced their first coronavirus cases, all apparently linked to the growing outbreak in Italy.

Austria, Croatia and Switzerland said the cases involved people who had been to Italy, as did Algeria in Africa.

The first positive virus test has been recorded in Latin America - a Brazilian resident just returned from Italy.......

But its neighbours have decided closing borders would be "disproportionate".......

https://www.bbc.com/news/world-europe-51638095
Coronavirus: Italian economy takes a body blow
https://www.bbc.com/news/business-51650974
2020.02.29【文茜世界周報】義大利躍升全球第三災區 疫情外溢波及全歐
https://www.youtube.com/watch?v=1J4rnMxT...U&index=10
2020.03.07【文茜世界周報】歐30國疫情大爆發 3日內全歐確診超 7300人
https://www.youtube.com/watch?v=B1e6r8W9...AU&index=6
European authorities ban short-selling on some Italian and Spanish stocks

Published: March 13, 2020 at 4:24 a.m. ET
By Barbara Kollmeyer

https://www.marketwatch.com/story/europe...latestnews
Personally, i think one of the true unknowns in the current environment, is the state of the EU banks.

Currently the COVID+Oil are knowns risks. While not in gr8 shape, US and China banking sector are prob fine.

But the EU banks e.g Deutsche have never been truly re-cap'd, and with the likely global recession+continent wide shutdown, it doesnt take much for one of these guys to go under, leading to another to-big-to-fail credit crisis.
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