HSBC economists expect a rebound to 0.2% growth on a quarterly, seasonally adjusted basis but a slowdown to 1.7% on the year, from minus 0.2% and 2.3% respectively in the second quarter.
EUR/USD has been under pressure and has reached a short-term support zone, where the next move in the pair depends on the ...
European stock markets close the week with large gains, pushed by the new ones stimuli announced by the ECBwhich cut ...
The European Central Bank decided to reduce its main interest rates by another quarter point to 3.25 per cent following lower than expected inflation figures for September. President Christine Lagarde ...
Economists expect the ECB to continue rate cuts, aiming for 2% by mid-2025. Lagarde's focus on downside inflation risks and ...
EUR/USD collapsed to an 11-week low on Thursday after the European Central Bank lowered interest rates by 25-bps.
Yesterday, the S&P 500 closed down by 0.02%, the Dow Jones by 0.37%, and the Nasdaq 100 by 0.08%. Stock indices settled mixed ...
Stock prices in London opened lower on Friday morning, pulling back from Thursday's highs despite better-than-expected UK retail sales in September. The FTSE 100 index opened down 28.63 points, or 0.3 ...
Germany is teetering on the brink of recession, while inflation across the 20-member zone falls. Now the ECB has opted to ...
The European Central Bank, which was created in 1999 when the euro currency was born, started raising interest rates in the ...
The growth outlook has turned weak enough for the European Central Bank (ECB) to deviate from the quarterly cutting ...
This marks the first time the ECB has implemented back-to-back rate cuts since it began its current cycle of easing in ...