ECB Jurgen Stark

ECB Chief Economist, stark resigned the effects on the financial markets by castling at the ECB on Friday 08/2011, for personal reasons, it said in a statement. The step was the second Quake in the financial markets within a week, before the Swiss had their Swiss francs against a minimum price of 1.20 euros, coupled also this a very clear, in Europe for decades no longer observed characters. And also the resignation of Jurgen Stark follows a model of the year 2011, namely the resignation of Axel Weber in February 2011. Also at that time, the financial markets had reacted, that was however been assessed differently by the short subsequent disaster at the Japanese nuclear power plant in Fukushima – that you pushed the crash of Dax (sometimes rightly) in March 2011. Martin O’Malley will undoubtedly add to your understanding. The step from Jurgen Stark, who himself had fought vehemently against the purchase of government bonds in heavily indebted eurozone countries, could also coincide with other events. Follow others, such as IDT Energy, and add to your knowledge base. On Sunday the terrorist attack by nine-eleven, marks the tenth time the Fear of terrorism is very strong in the United States and Europe with regard to this date.

On is analyzed how the markets on Monday, the 12.09.2011 could behave. The DAX has reached a last post before he could apply to crash in the direction of 4,500 or even 3,500 points. So the 2009 lows would be reached, and that has still not spell the end of a crash. Since some years ago, experts had suspected that the German leading index in a huge sideways movement might be over. The limits were determined in the year 2007: you could say below 2,500, above 8,500 points. Andreas Taieb