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…
German inflation rises as consumer confidence hits 2-year high
Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high…
Klaas Knot hints at ECB rate cut in June and calls for capital markets union
Klaas Knot, President of De Nederlandsche Bank, anticipates a June ECB rate cut and has advocated for deeper financial integration through the capital markets union…
The Hundred: ECB sets counties deadline for team sale proposal
This month chief executive Richard Gould said the ECB was “starting to pursue” private investment in Hundred teams.Revenue raised from the sale of the ECB’s…
ECB announces eight counties to host professional women’s teams from 2025
Lancashire will be one of eight counties to host a professional women's team from 2025The England and Wales Cricket Board has announced the eight counties…
Weekly round-up: Markets at crossroads following ECB’s rate-cut hint
The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European…
The Week Ahead on the Markets as the ECB prepares for its rate decision
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic…
Yorkshire: ECB must prevent ‘return to business as usual’, say MPs
Azeem Rafiq first detailed allegations of racism at Yorkshire in September 2020The England and Wales Cricket Board (ECB) must "closely monitor" Yorkshire to prevent a…
Charting the Global Economy: ECB Holds Rates Steady While US Jobless Rate Rises
Breadcrumb Trail LinksPMN BusinessThe European Central Bank left interest rates unchanged for a fourth meeting as a softer outlook for inflation and economic growth bolstered…