Eurozone

Consumer prices in the 20-nation single currency area rose 2.6 percent in February from a year earlier, down from a 2.8-percent rise in January, the EU's statistics agency said.

ECB holds interest rates, first time since July 2022

The bank had previously hiked rates 10 times in a row to tackle elevated inflation.

Eurozone Inflation Rises as Policymakers Weigh Rate Increase

Core inflation is closely watched by European Central Bank policymakers, who will decide whether to continue raising interest rates to curb inflation when they meet Thursday.

Eurozone economy accelerates to 11-month high in April

Data from the HCOB Flash Eurozone PMI survey published by S&P Global rose to 54.4 in April from 53.7 in March.

Why Eurozone avoiding a recession is no reason to celebrate  

I If the Eurozone avoids a recession, it will be by the skin of its teeth and the re-opening of the Chinese economy does not mean its real estate problem will go away 

ECB mulls rate hike slowdown on 'peak inflation' hopes

Following two consecutive interest rate hikes of 75 basis points, markets are on tenterhooks to see whether the ECB will keep up the aggressive pace or downshift to 50 basis points as the region braces for a winter recession.

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

The Fed has raised rates significantly in a bid to curb surging inflation, and New Zealand's central bank earlier increased interest rates by a record 75 basis points to 4.25%, a harbinger of more likely hikes from the Federal Reserve, European Central Bank and Bank of England next month.

Inflation hits new record high of 10.7% in Europe, slowing economy

Annual inflation reached 10.7% in October, the European Union's statistics agency, Eurostat, reported Monday. That is up from 9.9% in October and the highest since statistics began to be compiled for the eurozone in 1997.

Eurozone inflation hits 9.1%, new record

Driven by soaring fuel prices caused by Russia's war in Ukraine, the yearly inflation rate in the 19-country single currency area is up from 8.9 percent in July and at its highest since records began.

Business activity slumps globally, feeding recession concerns

US business activity contracted for a second-straight month in August, falling to the weakest level since May 2020, S&P Global data showed Tuesday.

Eurozone economy grows faster than expected, but so do prices

In the 19 countries that use the common European currency, consumer prices jumped 8.9% in July compared with a year ago as inflation reached a fresh record, the third straight month of gains.

Europe stocks steady as eurozone inflation hits record high

The dollar, the safe-haven currency, jumped one percent against the pound on rising expectations of a recession, while oil rebounded on tight supplies.

European equities rebound as ECB vows to avoid bond stress

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ECB promises to design new tool to support indebted members

The European Central Bank unveiled fresh measures on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the bloc's southern periphery but appears to have disappointed some investors looking for a more decisive step.

Eurozone Inflation Hits Highest Level Since Creation of the Euro

Germany, Europe’s biggest economy, has been among the hardest hit, with inflation there rising 8.7%. France (5.8%), Spain (8.5%), and Italy (7.3%) also saw consumer prices continue a months-long climb, prompting lawmakers in those countries to offer caps on energy prices or rebates for low-income households to offset the cost of gas and diesel.

Eurozone inflation hits record 8.1% amid rising energy costs

Annual inflation in the eurozone soared past the previous record of 7.4 percent reached in March and April, according to the latest data from European Union statistics agency Eurostat.

Stocks tumble on growth concerns, bond yields slip

US and euro zone business activity slowed in May. S&P Global attributed the decline in its US Composite PMI Output to "elevated inflationary pressures, a further deterioration in supplier delivery times and weaker demand growth."

Eurozone economy booms at fastest rate in 15 years

Economic data group IHS Markit said the "impressive progress" of vaccinations was jumpstarting the single-currency area, fuelled by eased restrictions that are at their lowest since September.

Investors bet eurozone stock rally will gather steam as economy rebounds

The MSCI EMU index of shares in eurozone companies has jumped almost 13 per cent since the end of last year, exceeding a similar gauge of global developed market equities by around two percentage points

Investors bet ECB will do what it takes to keep borrowing costs low

Lagarde’s interventions have helped put a lid on bond yields even for weaker borrowers

Europe’s economic revival is imperilled, raising the spectre of a grinding downturn

The fundamental threat to economic livelihood is the coronavirus itself. The lockdowns have simply intensified the effect

Surging euro presents ECB with a dilemma

A strong euro means Europe’s products become more expensive for customers who pay in other currencies, putting them at a disadvantage against foreign rivals

Eurozone economy shrinking by quarterly rate of 7.5%: Survey

Financial information firm IHS Markit said Thursday that its purchasing managers' index for the eurozone — a broad gauge of economic activity — plummeted to an all-time low of 13.5 points in April from the previous record low of 29.7 in March. The firm has been compiling data for more than 20 years.

Forget Greenspan standard; Draghi sets a new normal

Draghi and the ECB did a fine job in saving the Eurozone from disaster when few expected the central bank could do the job

Markets | Global fund manager survey: if investors are the most bearish since the financial crisis, why are markets so high?

Central banks will once again ride to the rescue, but monetary policy impotence is an increasing risk