Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04, while bond yields fell. The ECB-Fed policy gap widens as Powell signals "no rush" for rate cuts.
Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday. Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone,
The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed on Thursday.
AUD/USD is defending minor bids above 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the latest tariff threat from US President Trump on Chinese imports. Further, increased bets for February RBA rate and China's economic woes remain a drag on the pair. US PCE eyed.
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
The euro zone unexpectedly stagnated at the end of last year as government collapses in its top two economies bruised confidence among businesses and consumers.Most Read from BloombergManhattan’s Morn
In 2024, 6.7 million commercial flights were recorded in the European Union, 5.8 per cent more compared with 2023 (6.3 million), EU statistics agency Eurostat said on . In spite of this
The European stock markets closed higher in Thursday trading as The Stoxx Europe 600 rose 0.90%, Germany's DAX gained 0.41%, the FTSE 100 in London increased 1.04%, France's CAC 40 was up 0.88%, and the Swiss Market Index closed 0.
Pedestrians wait for a street signal on a sidewalk as an electronic billboard shows the Shanghai and Shenzhen stock indexes in Shanghai, China January 21, 2025. REUTERS/Go Nakamura/File Photo Wall ...
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We are living in an age characterised by insecurity and paradox. Prof Ellen Kossek (Purdue) will present at the Birmingham Business School, Department of Management Research Seminar Series 2024/2025. This 2nd International interdisciplinary Conference of ...