Surprise Save for the Eurozone?

Stock market investor confidence was on rocky ground, while distrust toward the world’s leading financial institutions edged ever-higher.

U.S. dollar liquidity tension was rising at European banks as well: Fitch Ratings said U.S. money market investments in eurozone banks had fallen a dramatic 42 percent between May and October.

Particularly severe was a withdrawal of funds from markets in France: Some U.S. money market funds had cut their positions by more than two-thirds.