Heatwave Threatens to Cut EU GDP Growth by 0.5%, Weighing on Euro and Equities
Extreme heat across Europe may cut GDP growth by 0.5% in H2, pressuring the euro and European equities while bond yields decline…
Extreme heat across Europe may cut GDP growth by 0.5% in H2, pressuring the euro and European equities while bond yields decline…
Eurozone banks further tightened corporate lending standards, signaling tighter financial conditions that could dampen business activity and complicate the ECB's policy path.
Spain's endorsement of hawkish BIS General Manager Pablo Hernández de Cos for the ECB presidency signals potential future tightening in eurozone monetary…
Euro-area companies grapple with surging borrowing costs in Q2 as the ECB's rate hikes push bond yields higher, threatening growth and boosting…
West Africa backs a pipeline plan to send natural gas to Europe, signaling potential shifts in global gas markets and energy security.
The call for Federal Reserve rate hikes highlights resurgent inflation risks, with higher rates poised to lift the dollar, depress bond prices,…
The European Central Bank looks poised to hold its key interest rate steady at the July meeting, though officials will likely signal…
Fed Governor Warsh’s insistence on containing inflation strengthens the hawkish case, potentially lifting the U.S. dollar and Treasury yields while weighing on…
Below-forecast US inflation data tamps down near-term Fed rate hike bets, lifting stocks and bonds while pressuring the dollar.
US CPI fell in June for the first time since 2020 while core CPI was unchanged, reinforcing expectations for Federal Reserve rate…
The ECB's selection of Deutsche Bank and Revolut to pilot a digital euro beta for various payments advances the eurozone's CBDC plans,…
European Central Bank names 36 payment providers including Revolut for digital euro beta test, advancing the CBDC pilot ahead of planned 2027…