Geopolitics Alpha

ECB Warns Bond Market Turmoil Could Deepen Europe’s Economic Slowdown

Published . Updated .

ECB Warns Bond Market Turmoil Could Deepen Europe’s Economic Slowdown

Christine Lagarde says rising government borrowing costs are tightening financial conditions across the eurozone, complicating efforts to contain inflation without undermining economic growth.

Directly affected

  • No company is named in this report.

Indirectly affected

  • JPM JPMorgan Chase-4.3%

    Bank profits move with lending and interest rates

  • BAC Bank of America-18.8%

    Bank profits move with lending and interest rates

  • WFC Wells Fargo-7.1%

    Bank profits move with lending and interest rates

  • C Citigroup-10.6%

    Bank profits move with lending and interest rates

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • GS Goldman Sachs-8.5%

    Bank profits move with lending and interest rates

  • MS Morgan Stanley-9.4%

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR-3.9%

    A fund of financial companies

  • KBE SPDR S&P Bank-5.6%

    A fund of bank stocks

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
JPM———————
BAC———————
WFC———————
C———————
XOM———————
CVX———————
GS———————
MS———————
XLF———————
KBE———————

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

ECB Warns Bond Market Turmoil Could Deepen Europe’s Economic Slowdown EU Today

Source: EU Today

Energy

SPY
XLE

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“ECB Warns Bond Market Turmoil Could Deepen Europe’s Economic Slowdown” scores 12 out of 100. The score uses 1 sources.