Macro Mondays | LIVE | Broken Europe? The German Economic Data says "Yes" | 23|09|24

Last week, the Federal Reserve announced a hawkish 50bp cut, with Jerome Powell stating the US economy is strong after data beat expectations. Meanwhile, the unemployment rate surpassed the 36-month average - reaching levels previously seen during economic recession - and US home sales fell to their second-lowest level in 14 years. In Europe, the German economic data is looking woeful and continues to fall, with chances of a technical recession increasing. Poland, however, is seeing str...