Search Results for: euro zone
European shares dip as investors seek signs of trade deal progress
November 26th, 2019
European shares were slightly lower on Tuesday after a strong start to the week, as investors sought concrete signs of progress in U.S.-China trade talks, while London’s Compass Group tumbled after signalling softness in its European business. Compass Group ...
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
Euro area government deficit at 0.5% and EU28 at 0.7% of GDP
October 21st, 2019
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area the government deficit to GDP ratio fell from 0.9% in 2017 to ...
UPDATE: European stocks reversed early losses to trade higher on Monday
September 30th, 2019
European stocks reversed early losses to trade higher on Monday, with market focus attuned to developments in the U.S.-China trade war. The pan-European Stoxx 600 edged up by around 0.4% during mid-afternoon trade, with construction and material stocks gaining ...
Bank rally leads European stocks higher
September 19th, 2019
A rally in bank stocks for the first time in four sessions lifted European shares on Thursday, after the U.S. Federal Reserve cut interest rates but set a higher bar for further reductions. European banks rose 1.4%, the most ...
European stocks jump as ECB launches new stimulus plan
September 12th, 2019
European stocks rallied after the European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy. The central bank’s quantitative easing program will entail 20 billion euros per month ...
Euro at one-month low vs dollar; yuan set for worst month since 1994
August 30th, 2019
The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus. Poor euro zone economic ...
European shares joined a China-driven global sell-off on Monday
August 5th, 2019
European shares joined a China-driven global sell-off on Monday, dragged down heavily by commodity-linked stocks as anxiety over trade frictions with the United States sent the country’s yuan below 7 per dollar for the first time in a decade. ...
European stocks edge lower
February 21st, 2019
European stocks were slightly lower Thursday morning, after a flurry of poorly received corporate earnings reports. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe’s banking ...
Euro held above a three-month low on Thursday; Australian dollar was up 0.6 percent
February 14th, 2019
The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more than half a percent. Even economic ...
