ORIGINAL POST, SEE UPDATE BELOW: After yesterday’s huge up day in the US, European markets are picking up the baton.Huge gains are being seen across the board.
Italy is up 2.3%.
Spain is up 1.22%.
Germany is up 1.0%
France is up 1.0%.
All this comes amid some fresh downgrades of the economic outlook from the OECD, however we can’t ever once remember a time when an OECD economic call had any impact on anything, and today is no exception.
US futures, meanwhile, are up modestly.
Things have sagged a little bit. Europe is still up, but US futures are indicated a bit lower now.
Meanwhile, Japan has been hit with a ratings downgrade from Fitch, which is kind of interesting although probably irrelevant.
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