JP Morgan: June global manufacturing PMI dips
The JP Morgan Global Manufacturing PMI posted 50.9 in June, down slightly from May's high of 51.0 but still above…
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euro- area
European stocks surge amid ECB rate cut speculation
European equities saw gains as a policy maker hinted at potential interest rate cuts in the euro area this year.
Lagarde’s speech following ECB rate cuts
The European Central Bank (ECB) announced a 25-basis-point reduction in borrowing costs from record highs on…
Euro area economy set for recovery in ’24, OECD forecasts
The eurozone is likely to see GDP growth of 0.7 per cent in 2024, and 1.5 per cent in 2025, according to the…
French inflation hits 2.5-year low
French inflation slowed to its lowest point since September 2021, intensifying discussions about the timing of the…
Euro area annual inflation up to 2.9% – Eurostat
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
Global economy reverses to ‘Normal’ after 2017’s upside surprises
The global economy found its post-crisis footing in 2017, with most major developing economies surprising on the…
German Bonds’ Worst Run since 2012 makes Inflation Data Critical
A rekindling of the inflation outlook that helped trigger German government bonds’ worst weekly run since 2012…
SocGen expects European Stocks beating U.S. in 2015
Stick a fork in it, U.S. stocks are done. That is a mantra that has gained traction among pundits as the market…
BREAKING: ECB Keeps Rates on Hold as Draghi Tests Power Limits
The European Central Bank kept interest rates unchanged at record lows as investors wait for signs from President…
