Better U.S. Data, but E.U. Still the Focus

European Powers Divided, Casting Uncertainty

In Europe, a rift between the Germans and the French over the role of the ECB has developed, threatening the alliance which has seemingly kept the region together. As the alliance shows cracks, investors are shying away from anything non-German which has sent sovereign debt costs higher around the euro zone. French debt yields have risen to record levels against  (read more)