Euro Zone as a Whole

U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML

U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML

Published 12/07/2019

LONDON (Reuters) - Investors pumped money into bonds and equities in the week to Wednesday with U.S. stock funds adding $1.7 billion, Bank of America [more…]

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Published 10/07/2019

BRUSSELS (Reuters) - The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a [more…]

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Euro zone welcomes Croatia’s bid to join euro at the earliest in 2023

Published 08/07/2019

BRUSSELS (Reuters) - Croatia has submitted a formal bid to join the European Exchange Rate Mechanism (ERM-2), an early stage on the path to membership [more…]

Lagarde to rely on political skill to overcome shortcomings at ECB

Lagarde to rely on political skill to overcome shortcomings at ECB

Published 02/07/2019

FRANKFURT (Reuters) - A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde will face the challenge as the [more…]

Stocks cheer trade reprieve, bonds reconsider rate cuts

Stocks cheer trade reprieve, bonds reconsider rate cuts

Published 01/07/2019

LONDON/SYDNEY (Reuters) - Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to pare [more…]

EU leaders close in on top jobs deal after marathon talks

EU leaders close in on top jobs deal after marathon talks

Published 01/07/2019

BRUSSELS (Reuters) - European Union leaders are close to picking Dutch socialist Frans Timmermans to head the European Commission, two diplomats said on Monday, after [more…]

Euro zone lending steady, money supply growth picks up: ECB

Euro zone lending steady, money supply growth picks up: ECB

Published 01/07/2019

FRANKFURT (Reuters) - Euro zone lending growth held steady in May while a broader money supply indicator, which often foreshadows future activity, grew faster than [more…]

Euro zone factory activity contracted for fifth month in June: PMI

Euro zone factory activity contracted for fifth month in June: PMI

Published 01/07/2019

LONDON (Reuters) - Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, according to a survey on [more…]

Yuan, dollar soar and safe-haven currencies slide after U.S.-China…

Yuan, dollar soar and safe-haven currencies slide after U.S.-China…

Published 01/07/2019

LONDON (Reuters) - The dollar and offshore Chinese yuan rallied on Monday after the United States and China agreed to restart their troubled trade talks, [more…]

UniCredit says it will stick to organic growth, mergers difficult

UniCredit says it will stick to organic growth, mergers difficult

Published 01/07/2019

MILAN (Reuters) - Italy’s biggest lender, UniCredit (CRDI.MI), will stick to organic growth in its new business plan, Chief Executive Jean Pierre Mustier said in [more…]