Amid growing fears of a spread of European debt crisis and on speculation that economic updates for this week shows that the economic recovery of United States is weakening, mortgage securities with higher Treasury bonds opened this morning. European officials called an emergency meeting to review the new risk that Italy may be the next country with a debt crisis. Apart from minor and reports of manufacturing sales, a couple of key economic reports this week includes the PPI and CPI inflation reports.
Tags: European Italy debt Crisis of financial emergency financial European meeting edge backed mortgage securities to PPI and CPI retail inflation reports and manufacturing reports estates until the recovery of United States
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