By Paul Hawtin
Today the Organization for Economic Cooperation and Development (OECD) announced that the world economy has slowed dramatically in 2012, a trend that will continue unless Europe can come to grips with the euro-zone crisis.
At DCM Capital , we are seeing a worrying deterioration in our euro-zone sentiment indicators, and I've kept a close eye on it from our trading desks here in London. It seems traders and investors are starting to lose faith in the ability for the ECB and euro-zone leaders to "stop the rot.ā€¯
I don't see euro-zone sentiment improving until we start seeing real, solid organic growth from industry along with sustained job creation.
Greek unemployment jumps
Today, the Greek Statistical Authority said the number of people out of work in June rose by 34,000 to more than 1.2 million. The jobless rate was up from 23.5% in May and 17.2% the previous year.
Real-time stock sentiment
We are now publishing real-time sentiment on all the FTSE 100 constituents using our innovative SentiballTM visual display technology. Here's a list of today's big movers:
