Currency Wars: Riksbank Rattles Markets With Rate Cut Deeper Negative; Treasuries and Gold Soar, Société Générale Drops 13%, Deutsche Bank 7%

Sweden’s Central Bank, the Riksbank, rattled markets with a rate cut of .15%, now at -0.50%. Bank shares plunged again. Société Générale is down 13%, Deutsche Bank 7%, and Santander 6%.
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