France, Spain Log Solid Growth In Second Quarter The French economy grew faster than expected in the second quarter, official data showed Tuesday, giving a boost to the eurozone. International Business Times · Jul 30, 2024
European Central Bank Maintains Key Interest Rate At 3.75% European Central Bank maintains key interest rate at 3.75% to ensure stability and growth in Eurozone. Top News · Jul 18, 2024
Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2% European home buyers and businesses are going to have to wait for lower interest rates The Independent UK · Jul 18, 2024
The ECB's chief is tired of people blaming Taylor Swift for the Eurozone’s sticky inflation “It’s not just Taylor Swift, you know,” Christine Lagarde told the ECB Forum. “Others have come as well.” Fortune · Jul 3, 2024
Sainsbury’s boss says rate cuts needed to spur consumer spending; eurozone inflation dips to 2.5% – as it happened Simon Roberts says consumer caution ‘not surprising given everything households have been through in the cost of living crisis’ The Guardian - UK · Jul 2, 2024
Eurozone inflation eases but ECB likely to keep interest rates on hold Consumer prices slip to 2.5% but core rate stays high, prompting little belief in further cuts in borrowing costs The Guardian - UK · Jul 2, 2024
European Central Bank cuts main interest rate by 0.25 points ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England The Guardian - UK · Jun 6, 2024
European Central Bank expected to cut interest rates for first time in five years A 0.25 percentage point cut to main lending rate is forecast amid growth in Germany, Italy and Spain The Guardian - UK · Jun 5, 2024
S&P Futures Tick Higher on Fed Rate Cut Bets, U.S. ADP Jobs Report Looms June S&P 500 E-Mini futures (ESM24) are trending up +0.25% this morning following a positive session on Tuesday as a decline in U.S. job openings firmed up Federal Reserve rate-cut bets, with investors’ focus now turning to the ADP National Employment numbers due later in the day. Barchart · Jun 5, 2024
S&P Futures Tick Higher as U.S. ADP Jobs Report Looms June S&P 500 E-Mini futures (ESM24) are trending up +0.17% this morning following a positive session on Tuesday as a decline in U.S. job openings firmed up Federal Reserve rate-cut bets, with investors’ focus now turning to the ADP National Employment numbers due later in the day. Barchart · Jun 5, 2024
Stocks Falls on Concern about Weaker US Consumer Spending and Chip Stock Weakness The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.36%. US stock indexes saw support early in the session after the as-expected PCE deflator... Barchart · May 31, 2024
Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report The dollar index (DXY00 ) today is down -0.21%. The dollar is being undercut by today’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market expectations and kept alive hopes for the Fed to cut interest rates later this... Barchart · May 31, 2024
Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from… Barchart · May 30, 2024
Ryanair boss Michael O'Leary getting 'recessionary feel' from Europe customers The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point. Fortune · May 21, 2024
Fortune · May 18, 2024 Debt-hungry Americans focking to Europe as interest rate cuts fuel $33bn 'Reverse Yankee' Issuance of European debt could be on track to break records as the Eurozone gets the jump against the Fed in cutting rates.
Barchart · May 15, 2024 Dollar Falls and Gold Rallies on Dovish US Economic Reports The dollar index (DXY00 ) on Wednesday fell by -0.64% and posted a 5-week low. Wednesday’s US economic reports were dovish for the Fed and weighed on the dollar. Also, Wednesday’s rally in the S&P 500 to a record high curbed liquidity demand for the dollar. US Apr CPI eased...
Barchart · May 15, 2024 Dollar Slumps and Gold Rallies on Fed Rate Cut Hopes The dollar index (DXY00 ) today is down by -0.26% and dropped to a 5-week low. Today’s US economic reports were dovish for the Fed and weighed on the dollar. Today’s rally in the S&P 500 to a record high also curbed liquidity demand for the dollar. US Apr CPI...
International Business Times · May 15, 2024 EU Cuts Inflation Forecast For 2024 Despite Uncertainty The European Commission expects inflation to fall to 2.5 percent in 2024, down from a previous forecast of 2.7 percent -- news that will be welcomed by the European Central Bank (ECB).
Top News · May 8, 2024 ECB Urged To Reconsider Policy Setting And Rate Cuts Calls for ECB to consider rate cuts and policy review to address Eurozone economic challenges.
Barchart · Apr 30, 2024 Dollar Rallies Ahead of an Expected Hawkish FOMC Wednesday The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.60%. The dollar rallied Tuesday after T-note yields jumped when the US Q1 employment cost index rose more than expected, a sign of wage pressures and a hawkish factor for Fed policy. Falling stock...
International Business Times · Apr 23, 2024 Eurozone Business Activity Accelerates In April The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 51.4 in April from 50.3 in March. It was the highest in 11 months. Any reading above 50 indicates growth, while a figure below 50 shows contraction.
Barchart · Apr 17, 2024 Dollar Falls with T-Note Yields The dollar index (DXY00 ) on Wednesday fell by -0.28%. The dollar was under pressure Wednesday due to a decline in T-note yields. Also, the euro's strength Wednesday undercut the dollar based on hawkish comments from ECB President Lagarde and ECB Governing Council member Holzmann. Losses in the dollar were...
Top News · Apr 17, 2024 Eurozone Inflation Decline Supports ECB's Rate Cut Plan Inflation decline in Eurozone prompts ECB to consider interest rate cut for economic stimulus. Market awaits ECB's policy decisions amid global uncertainties.
Top News · Apr 17, 2024 ECB To Proceed With June Rate Cut Plan ECB policymakers reaffirm commitment to planned interest rate cut in June to support Eurozone's economic recovery.
Top News · Apr 16, 2024 ECB Rate Cut In June Based On Assumption Of Stable Inflation The European Central Bank is considering a rate cut in June to support economic growth and stability in the Eurozone amidst concerns about slowing growth a...