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fromThe Local Germany
6 days agoGerman inflation unexpectedly slows in February
German inflation unexpectedly declined to 1.9% in February, reinforcing expectations that the ECB will maintain interest rates at current levels.
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fromLondon Business News | Londonlovesbusiness.com
3 weeks agoEUR/USD rebounds for a second consecutive session - London Business News | Londonlovesbusiness.com
EUR/USD recorded its second consecutive recovery session, currently trading around the 1.1900-1.1920 range, as the US dollar weakened again and US Treasury yields moderated. This rebound reflects an adjustment in market expectations regarding monetary policy, as investors temporarily reduced USD holdings ahead of a series of key economic data releases. From the Eurozone side, fundamental factors have generally yet to show a clear improvement.
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fromLondon Business News | Londonlovesbusiness.com
4 months agoEurozone growth surpasses expectations, reinforcing ECB's cautious stance - London Business News | Londonlovesbusiness.com
The Eurozone economy expanded by 0.2% quarter-on-quarter in Q3, slightly surpassing expectations of 0.1% . Growth was largely supported by strong performances in Spain and France, with growth in the two economies amounting to 0.6% and 0.5%, respectively. However, the bloc's wider struggles are apparent amidst a stagnation of the German and Italian economies, both of whom narrowly avoided technical recessions.
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