“It’s a F##king Bloodbath” – European Banking Stocks Collapse As UK Default Risk Spikes

by Tyler Durden
ZeroHedge.com
Jun 27, 2016

Traders are frantic this morning as George Osborne’s calming words have done nothing to halt the carnage. From Italian bankscrashing over 25% to British banks being halted, trading at record lows, to Deutsche Bank extending its Lehman-esque trend, as one veteran stock market trader in London said, “it’s a f##king bloodbath, not even Draghi can save this one.” The contagion is spreading however as UK defaul risk has spiked to 3 year highs and USD liquidty needs are surging with funding markets seeing serious distress.

The Rest…HERE

This entry was posted on Monday, June 27th, 2016 at 9:40 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.