
The Monday Mix: Sept. 1 – 7, 2014
Headlines discussed at LNWM’s Monday morning briefing:
— Ukraine and Russian separatists agreed to a ceasefire after five months of fighting.
— The European Central Bank (ECB) cut interest rates and will soon start buying asset-backed securities to revive the region’s stagnating economy.
— The euro fell to a 14-month low against the U.S. dollar, after the ECB announced more aggressive monetary stimulus.
— The number of bearish newsletters covering U.S. stocks is now at the lowest level since 1987.
— France suspended delivery of warships to Russia, due to security concerns related to tensions in Ukraine.
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