Euro returns to parity vs. the dollar as energy price spike raises eurozone economy fears
admin The euro fell below parity against the dollar again as traders dumped the single currency…
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A weaker U.S. dollar helped lift the stock market — but the greenback’s peak may still be ahead
A pullback in the U.S. dollar earlier this week was credited with helping to lift…
Read MoreEurozone retail sales fell in June due to higher prices
Eurozone retail sales fell in June due to rising inflation and declining consumer confidence among…
Read MoreEurozone manufacturing downturn worsens in July, PMI falls below 50
The eurozone manufacturing sector fell deeper into contraction in July, with manufacturing purchasing managers index…
Read MoreEurozone 2Q Growth Beats Forecasts Amid Services Rebound
By Maria Martinez The eurozone economy grew at a faster pace than expected in the…
Read MoreEurozone Inflation Rose to Record High of 8.9% in July, Beating Forecasts
By Maria Martinez The eurozone’s annual rate of inflation accelerated again in July, reaching its…
Read MoreEurozone economy will tip into recession this year, Goldman forecasts, as JPMorgan also makes recession call
Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about…
Read MoreWhy Lagarde’s new market intervention tool may not help Italy
The European Central Bank has revealed details of its latest bond-buying intervention mechanism as it…
Read MoreEuropean Central Bank lifts rates by half point as it delivers first hike in 11 years
The European Central Bank, responding to fears of runaway inflation, delivered its first rate hike…
Read MoreMarket Extra: Here’s what to watch as the ECB readies its first rate hike in more than a decade
With inflation at a record high of 8.6% in the eurozone, the European Central Bank…
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