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MarketTicker Forums Read Message in NotSoBreakingPrice
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User Info DB (Deutsche Bank in ther USA) Down 1.95% in forum [NotSoBreakingPrice]
Argos
Posts: 6442
Incept: 2008-03-23
Gold
The Green Mountain State
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Strong volume over the first 30 minutes for DB.

Perhaps a sign that the next Libor shoe is about to drop?

DB is down some 7.1% so far this week, whereas the EURO STOXX Bank Index is down some 2.7% over the same period.

(No position.)

Antone
Posts: 7855
Incept: 2008-02-03
Green
Seditionia, USSA
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I don't think a 1.95% move warrants a breaking price thread. There are tons of stocks trading beyond a 1.95% band today.

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As if anything has changed:

Wir sind gefickt.
Mrbill
Posts: 7904
Incept: 2008-10-19
Gold
North Carolina
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Most banks are decently green today, so DB standing out is relevant.
Jubber
Posts: 14606
Incept: 2007-07-05
Gold
UK
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dropped 3% in Europe this morning at about 11.50, couldn't find any news, strange thing was the DAX hardly flinched, someone sure new this ramp was coming IMHO
I mentioned elsewhere how odd it was every index was up except Italy and Spain even with bonds blowing out.

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher

Argos
Posts: 6442
Incept: 2008-03-23
Gold
The Green Mountain State
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I don't see any news either, Jubber. Motley Fool cites the Morgan Stanley analysis on potential Libor litigation costs (see BB coverage at link), but this news came out yesterday morning.

http://www.bloomberg.com/news/2012-07-12....

Reason: accuracy
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