Eurozone wage slowdown favours rate cut
The European Central Bank (ECB) is increasingly optimistic that by mid-2025, inflation will decrease to its 2 per…
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eurozone
French business activity shrinks for tenth month – PMI
French business activity contracted for the tenth straight month in March, as per a recent survey, Reuters reported…
Investors show strong interest in emerging markets, eurozone equities – survey
Investors showed strong interest in emerging market equities in March, the highest since April 2017, and eurozone…
Euro stocks, U.S. futures drop amid caution
European stocks and U.S. equity futures drop as global markets remain cautious despite China’s measures to support…
French inflation dips to 2-yr low
French inflation fell more than anticipated in January, hitting the lowest point since before the Russian invasion…
Global PMI ends ’23 up, divergences persist
The Global PMI ended high in December to close the year on a brighter note, S&P Global wrote in a report on…
Eurozone manufacturing sector contracts in Q4 ’23, recession likely
A new survey showed that the Eurozone manufacturing sector remained stuck in contraction at the end of 2023, with…
IMF cautions Europe against ‘premature celebration’ of victory over inflation
The European Central Bank and other policymakers in Europe have to keep interest rates at current elevated levels…
European growth forecast hikes to 1.1%
The European Commission announced on Monday that it has boosted its 2023 economic growth outlook for the eurozone…
ECB’s fears grow as French, Spanish inflation inclines
Inflation in France and Spain reached a record high in February, which will be pushing the European Central Bank…
