Volatility caused by the Banking system holds the stock markets on red, but the BoE says that, even if there will be shown negative numbers that relate to a possible recession, the real situation is different than what the numbers show.

The Banking system in Europe s holding the whole financial system, as the markets became so volatile this week, with a couple of days of positive closures, but data seems to show that next week will begin in negative. This can be a strong consequence of all the austerity measures versus the huge injection of capital, which at the end can result into a credit crunch that is penalizing ....Currency Exchange - Read More