By Rodrigo Campos NEW YORK (Reuters) – A positive vibe returned to the U.S. stock market Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over. The best clues may come from what happens to low-quality corporate bonds. The most recent decline in the S&P 500 marks the third time in six months that the market has looked wobbly and threatened a significant reversal. Each time, so far, it has bounced back quickly. But what has some investors most worried this time around is the recent, notable underperformance in junk bonds in the past few months. ..
By Philip Blenkinsop BRUSSELS (Reuters) – A week on from its World Cup soccer victory, Germany may return to center stage, though this time not with fan celebrations but concerns over the health of Europe's economic motor. “We've seen a delayed impact of China and the Ukraine crisis,” said ING economist Carsten Brzeski. The Ukraine/Russia issue was already there.” In a week relatively light on U.S. indicators, economists are looking for further signs that Europe's recovery and even German growth may be stalling, putting more pressure on the European Central Bank to act. Across the Channel, minutes from the Bank of England may be the last to show unanimous backing for a stable bank rate of 0.5 percent.