At 7 AM, the ECB releases bank stress tests failing 25
European banks as the preliminary leaks reported. Greece, Italy and Portugal
banks are weak. German banks held up well for the stress tests which will
provi
[Text is Redacted: Purchase October 2014-10 to Read the Complete Chronology]
g will be anticipated. EWZ, PBR and VALE will see active trading likely opening strongly lower. The Brazil Bovespa Index begins at 51941 and the Dollar/Brazil Real currency pair is 2.4739. Traders and analysts project the Bovespa to drop to 48K during the weeks ahead. Brazilians realize the economy is in rough shape and difficult times will remain ahead so they vote for the devil they know rather than the one they do not know.
[Text is Redacted: Purchase October 2014-10 to Read the Complete Chronology]
g will be anticipated. EWZ, PBR and VALE will see active trading likely opening strongly lower. The Brazil Bovespa Index begins at 51941 and the Dollar/Brazil Real currency pair is 2.4739. Traders and analysts project the Bovespa to drop to 48K during the weeks ahead. Brazilians realize the economy is in rough shape and difficult times will remain ahead so they vote for the devil they know rather than the one they do not know.
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