#AceFinanceDesk …… Negative U.S. interest rates could be the norm next year and all through to 2023 if fed funds futures are any indication. Or it could just be traders hedging their bets according to ReutersBiz

“Fed funds futures have implied negative rates next year on-and-off since May, when the contracts priced them for the first time. They flipped back to show positive rates, but over the past month, futures contracts at different points have again signaled negative rates as early as spring 2021.”

Published: July.16: 2020: https://t.co/aEAOcWQHkr

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#AceFinanceDesk …….. European passenger car sales slumped in June compared to a year ago but showed an improvement since May with the easing of #coronavirus lockdown measures across the region, industry data showed on Thursday ReutersBiz report

“In June, new car registrations dropped by 24.1% year-on-year to 1,131,843 vehicles in the European Union, Britain and the European Free Trade Association (EFTA) countries, statistics from the European Auto Industry Association (ACEA) showed.”

Published: July.16: 2020: https://t.co/ZmDGHT21hx

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com