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Gloom in Europe hits global and Gulf markets
www.thenational.ae
[The National] - "It is a negative outlook, quite clear, you only need to look at the chart on the euro to see that," said Neil Mellor, a currency strategist at BNY Mellon in London. "The German purchasing managers' index [PMI] figure was particularly poor and that's a
FOREX-Euro falls for 3rd day on nagging funding worries
www.reuters.com
[Reuters] - "The market has come to realise that positive bond auctions are not Spain's salvation," said Neil Mellor, currency strategist at Bank of New York Mellon, adding it was only a matter of time before the euro broke below $1.30.
Global growth forecasts to be revised down
www.independent.co.uk
[The Independent] - Neil Mellor, a currency strategist at BNY Mellon, said: "You can have as big a firewall as you like, but if there's no growth for the likes of Italy and Spain to meet their deficit objectives, then it doesn't matter because those yields are going to
Shares slump as Spain's crisis deepens and China's growth slows
www.thisismoney.co.uk
[This is Money] - 'There is a lot of risk,' said Neil Mellor, a currency strategist at BNY Mellon. 'China has had an asset price boom of megalithic proportions. They'll be lucky to get out without a hard landing.' The eurozone crisis and a slowdown in China spell bad
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