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World Stock Markets Trading Discussion - Weighty wallowing


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w?s=%5EAORD&lang=en-AU&region=AU

 

 

All Ords recovered slightly to finish +0.2%.  In the sectors Telecoms +2.3% headed the list followed by Utilities +2%.  Gold and Energy were down the most, -1.8% and -1.2% respectively.

Muted in Asia: China +0.1%, Hong Kong -0.1%, Japan flat and India currently -0.3%.

 

 

On to UK/Europe:

 

 

t?s=%5EFTSE&lang=en-AU&region=AU&width=3

 

t?s=%5EGDAXI&lang=en-AU&region=AU&width=

 

t?s=%5EFCHI&lang=en-AU&region=AU&width=3

https://au.finance.yahoo.com/

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THE DEUTSCHE BANK NUMBERS

 

Deutsche bank revenues have fallen by $11 Billion (NIRP Anyone) during the last 3 years but they have only cut operating costs by $3.5 Billion.

 

Thats $7.5 billion of free cash flow that has disappeared.

 

And  the stock followed.

 

 

 

 

I suspect that is nothing compared to devastating loss to the millions of retirees around the world.

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