ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong…
Week ahead in the markets: Eurozone to confirm the second quarter GDP
Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic…
Markets look ahead: EU inflation data in focus as ECB considers rate move
The Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB's interest rate decision in September. Nvidia's earnings…
Weekly recap: Markets remain mixed as dip-buying gains momentum
Global markets presented a mixed picture after a broad rebound on Thursday, with major indices recovering from their recent lows. Investors likely sought dip-buying opportunities…
ECB Rate Setters Want More Data Before Cutting — Plenty Will Come This Week
Breadcrumb Trail LinksPMN BusinessA barrage of euro-zone economic data this week will deliver crucial information for the European Central Bank as officials look for signals…
Germany’s business climate worsens in July: European stocks plunge
Germany's business sentiment worsened more than expected in July, marking the second consecutive monthly decline, bolstering fears that the Eurozone's largest economy is once again…
Ahead in the markets this week: ECB rate decision takes centre stage
This week, the European Central Bank (ECB) will decide on the interest rate, a decision critical for the European stock market and the Euro’s trend.…
ECB Poised for Holiday May Prime Markets for September
Breadcrumb Trail LinksPMN BusinessEuropean Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s…
Weekly recap: Easing political uncertainties bolster market resilience
Global markets remained resilient throughout the week due to heightened expectations that central banks would commit to interest rate cuts. Monthly inflation in the United…
UK interest rates should remain on hold this summer, warns BOE official
The UK's jobs market is currently too strong to start cutting interest rates, says BOE Monetary Policy Committee member Jonathan Haskell. ADVERTISEMENTIn the first public…
ECB raises concerns over delayed rate cuts, but hawks object
The latest ECB monetary policy accounts reveal officials made a judgement call to cut rates, fearing that waiting too long for inflation confirmation would increase…
Eurozone inflation slows to 2.5% in June, boosting ECB rate cut hopes
Eurozone inflation eased to 2.5% in June, in line with expectations. Belgium's inflation hit a 10-month high, while Germany saw a decline. ADVERTISEMENTFollowing a brief…
French elections: The effect on the European sovereign debt market?
European financial markets brace for turbulence as the French parliamentary elections approach. ABN Amro's rates strategist Sonia Renoult warns of potential fiscal instability and an…
Risk aversion prevails in markets amid French political uncertainty
Global markets shifted to a risk-off mode amid political uncertainties in France. As investor sentiment soured, haven assets saw a surge, while the euro and…
Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Euro slumps after Macron calls election and far-right surges in Europe
The euro slumps against most of its G-10 currency counterparts amid a surge in far-right power in the EU Parliamentary Elections. ADVERTISEMENTThe euro, serving as…
Weekly market recap: Record moment resumes as tech stocks lead the way
Risk-on sentiment prevailed in global markets as the Nvidia-led tech rally buoyed Wall Street, while the ECB’s rate cut sent the Euro Stoxx 600 to…
Week ahead: ECB rate decision and EU elections take centre stage
European financial markets are set to react to two major events: the European Central Bank's rate decision and the EU Parliamentary elections. ADVERTISEMENTIt will be…
ECB Rate Cut Will Be Rare Bright Spot in Troubled Euro Region
Breadcrumb Trail LinksPMN BusinessThis week’s interest-rate cut is a milestone for the European Central Bank.Author of the article:Bloomberg News Mark Schroers and Alice GledhillPublished Jun…
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
The harmonised index of consumer prices rose by 2.6% year-on-year in May, surpassing forecasts. Core inflation also increased to 2.9%. This comes as the European…