| Europe could surprise to the upside given a probable rate cut by Mario Draghi’s ECB on Thursday and negative market sentiment, allowing policymakers greater scope to kick the can far enough down the road to calm markets, according to Barclays’ macro research team.
After S&P negatively predisposed markets early this week warning that it could downgrade up to 15 Eurozone nations’ sovereign credit ratings, including Germany’s all-important AAA, the stage is set for EU policymakers to positively surprise markets...............................................Full Article: Source
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