Be wary of rising inflation! Expectations that the ECB will cut interest rates again after cutting interest rates in June may be lowered
Nearly three-quarters of respondents said that the Eurozone has its own inflation dynamics and is not just lagging behind the US. However, only 6% think the ECB can completely break away from the Federal Reserve in setting interest rates.
ECB Seen Making Fewer Rate Cuts in Fight to Curb Inflation Risks
Economists are dialing back their expectations for how far the European Central Bank will lower interest rates after it starts cutting next week, according to a Bloomberg survey.
Centrica PLC Updates Euro Note Programme
European Equities Close Higher in Thursday Trading; Euro Area Unemployment Declines in May
European stock markets closed higher in Thursday trading as the Stoxx Europe 600 rose 0.63%, the Swiss Market Index increased 0.65%, France's CAC was up 0.57%, the FTSE in London gained 0.64% and Germ
EURO STOXX 50 Index Ends 0.38% Higher at 4982.18 -- Data Talk
The EURO STOXX 50 Index is up 18.98 points or 0.38% today to 4982.18 --Snaps a two trading day losing streak --Off 8.83% from its record close of 5464.43 hit Monday, March 6, 2000 --Off 2.33% from
Dopřejte Si Výjimečné Fotbalové Zážitky S Televizorem Hisense U7N Mini LED ULED, Oficiálním Televizorem Šampionátu UEFA EURO 2024
ČCHING-TAO, Čína, 30. května 2024 /PRNewswire/ -- Společnost Hisense, přední světový výrobce domácích spotřebičů a spotřební elektroniky, je celosvětově na 2. místě žebříčku
Santander Urges Caution to Football Fans Ahead of Euro 2024
Euro-Zone Economic Confidence Grows as Recovery Strengthens
ING Comments on Euro, Hungary's Forint, Poland's Zloty, Czech Republic's Koruna
The recent correction that brought down global equities has weighed on EUR/USD and taken it back to ING's medium-term fair value level of 1.08. There isn't a case to be made for a much weaker EUR/USD
Euro Area Industrial Sentiment Below Expectations
Eurozone May Grow Slowly as Confidence Creaks Higher -- Market Talk
A weak rise in confidence among eurozone consumers and business points to anemic growth in the bloc, Lily Millard at Capital Economics writes in a note.
Euro Gains Stick After Unemployment, Inflation Indicators Surprise
The euro held gains over the US dollar and several other major currencies during early European trade on Thursday after unemployment remained steady in contrast to expectations and some indicators of
Euro Area Economic Sentiment Improves in May
The eurozone's economic sentiment indicator climbed to 96 points in May from 95.6 points in April, according to European Commission data published Thursday. The latest reading missed the consensus est
Eurozone economic confidence grows as economic recovery strengthens
GLONGE, May 30 | Economic confidence in the Eurozone has improved as the Eurozone rebounds from a slight recession in the second half of last year. A sentiment indicator released by the European Commission on Thursday rose from 95.6 last month to 96 in May. The industrial confidence index and service sector index were better than in April, and the consumer confidence index also increased. According to the S&P Global Business Survey last week, economic recovery is on a steady footing, and private enterprise activity has reached its highest level in a year. The labor market also remains strong. Eurostat said on Thursday that the unemployment rate fell to 6.4% in April from 6.5% in March, while at the same time, due to inflation
Euro Area Consumer Pessimism at 2-Year Low
Eurozone Firms, Consumers Proffer Sunnier Mood in May
Confidence among consumers and businesses alike improved in the eurozone this month as the bloc looks increasingly sure of a soft landing from recent years' high inflation and interest rates.
Eurozone Unemployment Reaches New Low
The eurozone's unemployment rate fell to a record low in April, a sign that the jobs market is stronger than the European Central Bank had anticipated as it prepares to cut its key rate next week.
Italian Unemployment Rate Unexpectedly Falls to 6.9% in April
Italy's unemployment rate came in at 6.9% in April, down from the revised 7.1% in March, the national statistics agency Istat said Thursday.
European Central Bank Faces Tough Decisions as Spanish Inflation Accelerates
GRONGHUI, May 30 | According to data released by the Spanish National Bureau of Statistics on Thursday, Spain's May CPI increased 3.8% year on year, an acceleration from the previous month, marking the third month in a row of rising inflation. In addition to the accelerated rise in prices in Spain, inflation in Germany also accelerated this month. Furthermore, inflation in France is also expected to rise in May. This trend shows that as the ECB strives to reduce inflation to a sustainable low level in the Eurozone, obstacles remain on the path to fighting inflation. Outsiders generally expect that the ECB will lower the benchmark interest rate at next week's policy meeting, but further interest rate cuts are still uncertain
Spanish Inflation Accelerates for Third Month as Energy Aid Ends
Spanish inflation quickened for a third month as the rollback of government support to contain energy crisis continued to push prices higher.