GRAPHIC-Talk now, act later: Five questions for the ECB

LONDON, Sept 6 – European Central Bank officials are back from their summer break and with the hawks pushing for a slowdown in bond buying, Thursday’s meeting could prove a key market event. Chief economist Philip Lane believes it’s too early for the ECB to lay out plans to wind down the 1.85 trillion euro… Continue reading GRAPHIC-Talk now, act later: Five questions for the ECB

Eurozone Inflation Near 10-Year High

Eurozone inflation accelerated more-than-expected to a near 10-year high in August, flash data from Eurostat showed on Tuesday. Inflation rose to 3 percent in August from 2.2 percent in July. This was the highest since November 2011 and also exceeded the European Central Bank’s 2 percent target and economists’ forecast of 2.7 percent. Core inflation… Continue reading Eurozone Inflation Near 10-Year High

Euro zone bond yields tick up; focus on supply

Aug 24 (Reuters) – Euro zone bond yields ticked up on Tuesday with investors focusing on issuance in a data-light session, as risk sentiment improved on the back of declining Federal Reserve tapering fears and full U.S. approval of the Pfizer/BioNTech vaccine. That followed a week of falling bond yields as investors opted for bonds’… Continue reading Euro zone bond yields tick up; focus on supply

EU exports to Britain rise as they fall with rest of the world

BRUSSELS (Reuters) -European Union exports to Britain rose solidly in June from May, data released by the European Union statistics office showed on Friday, contrasting with a slight drop in the bloc’s exports to the rest of the world.Containers and cars are loaded on freight trains at the railroad shunting yard in Maschen near Hamburg… Continue reading EU exports to Britain rise as they fall with rest of the world

UPDATE 2-Euro zone yields near recent lows, traders focus on U.S.

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds details, updates prices) Aug 3 (Reuters) – Euro zone bond yields wavered around recent lows on Tuesday as traders eyed moves in U.S. Treasuries and data across the Atlantic. Bond yields steadied globally following losses on Monday when data showed U.S. manufacturing slowed in July for… Continue reading UPDATE 2-Euro zone yields near recent lows, traders focus on U.S.

Eurozone Manufacturing Growth Moderates In July

The euro area manufacturing sector growth moderated in July but the pace of expansion remained elevated, final data from IHS Markit showed on Monday. The final factory Purchasing Managers’ Index fell to 62.8 from 63.4 in June. This was the lowest reading since March. But the reading was above the flash 62.6 and the sector… Continue reading Eurozone Manufacturing Growth Moderates In July

ECB’s Lagarde Says Current Rise In Inflation Likely To Be Largely Temporary

European Central Bank President Christine Lagarde said on Thursday that the current rise in euro area inflation is likely to be temporary and underlying price pressures are expected to pick up gradually. Yet, inflation over the medium term is likely to remain well below the target, she added. On July 8, the ECB had adopted… Continue reading ECB’s Lagarde Says Current Rise In Inflation Likely To Be Largely Temporary

ECB’s Lagarde Says Current Rise In Inflation Likely To Be Largely Temporary

European Central Bank President Christine Lagarde said on Thursday that the current rise in euro area inflation is likely to be temporary and underlying price pressures are expected to pick up gradually. Yet, inflation over the medium term is likely to remain well below the target, she added. On July 8, the ECB had adopted… Continue reading ECB’s Lagarde Says Current Rise In Inflation Likely To Be Largely Temporary

Eurozone Investor Confidence Highest Since February 2018 – Sentix

Eurozone’s investor confidence improved for a fifth month in a row in July to its highest level in nearly three-and-a-half years amid the rebound in economic activity as economies re-open after restrictions linked to the coronavirus pandemic were relaxed. The eurozone investor confidence index rose to 29.8 from 28.1 in June, survey data from the… Continue reading Eurozone Investor Confidence Highest Since February 2018 – Sentix

Eurozone Investor Confidence Highest Since February 2018 – Sentix

Eurozone’s investor confidence improved for a fifth month in a row in July to its highest level in nearly three-and-a-half years amid the rebound in economic activity as economies re-open after restrictions linked to the coronavirus pandemic were relaxed. The eurozone investor confidence index rose to 29.8 from 28.1 in June, survey data from the… Continue reading Eurozone Investor Confidence Highest Since February 2018 – Sentix

UPDATE 1-German government bond yield falls, Fed in the background

* Euro zone periphery government bond yields tmsnrt.rs/2ii2Bqr (Adds analyst comment, background) MILAN, June 18 (Reuters) – German government bond yields fell on Friday tracking moves in U.S. Treasuries, with analysts expecting the adverse reaction on bond prices of the hawkish tone of the Federal Reserve this week to be short-lived. The U.S. curve flattened… Continue reading UPDATE 1-German government bond yield falls, Fed in the background

Eurozone Sentix Investor Confidence Highest Since 2018

Euro area investor confidence rose for the fourth straight month in June to its highest level in over three years as financial experts assessed the current economic situation more favorably, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence index for Eurozone climbed to 28.1 from 21.0 in May. Economists… Continue reading Eurozone Sentix Investor Confidence Highest Since 2018

Euro zone investor morale rises to highest level since Feb 2018

FILE PHOTO: People enjoy an evening drink at Place de la Contrescarpe in Paris as cafes, bars and restaurants reopen after closing down for months amid the coronavirus disease (COVID-19) outbreak in France, May 19, 2021. REUTERS/Sarah Meyssonnier/File PhotoBERLIN (Reuters) – Investor morale in the euro zone rose for the fourth month in a row… Continue reading Euro zone investor morale rises to highest level since Feb 2018

Eurozone Retail Sales Drop More Than Expected

Eurozone retail sales fell at a faster than expected pace in April, after rising in the previous two months, as the Covid-19 lockdown restrictions were tightened in some countries. Retail sales decreased 3.1 percent from March, preliminary data from Eurostat showed Friday. Economists had forecast a 1.2 percent drop. In March, sales grew 3.3 percent,… Continue reading Eurozone Retail Sales Drop More Than Expected

ANALYSIS-Europe's consumers face rising prices but the ECB is unfazed

* Many firms eye scope to raise prices * European consumers in buoyant mood * ECB argues inflation pressures will fade LONDON, May 7 (Reuters) – Europe’s consumers will feel the hit from price rises this year as companies seek to recoup revenues and cover pandemic-related costs. But for now, this is inflation the European… Continue reading ANALYSIS-Europe's consumers face rising prices but the ECB is unfazed

Eurozone Manufacturing Growth At Record High

The Eurozone manufacturing activity logged a record expansion in April, albeit at a slower than previously estimated pace, final data from IHS Markit showed on Monday. The manufacturing Purchasing Managers’ Index improved to 62.9 in April from 62.5 in March. The flash reading was 63.3. This was the highest level since June 1997 and the… Continue reading Eurozone Manufacturing Growth At Record High

Eurozone Unemployment Rate Remains Stable

The euro area unemployment rate remained unchanged in February as government support measures continue to protect jobs amid tight Covid-19 related restrictions, preliminary figures from Eurostat showed Tuesday. The unemployment rate held steady at seasonally-adjusted 8.3 percent in February. A year ago, the jobless rate was 7.3 percent. Economists had expected the rate to remain… Continue reading Eurozone Unemployment Rate Remains Stable

Real-economy stirrings show U.S. leaves Europe in the dust

PARIS/WASHINGTON (Reuters) – Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers leaping to take advantage of a fast vaccine rollout even as their European counterparts languish in extended lockdowns.FILE PHOTO: The Eiffel tower is pictured as the sun sets on a winter day in Paris, France, February… Continue reading Real-economy stirrings show U.S. leaves Europe in the dust

Euro zone economy back to growth in March as factories roar: PMI

LONDON (Reuters) – Euro zone economic activity made a surprise return to growth this month as factories ramped up production to its fastest pace in over 23 years, offsetting a continuing slowdown in the bloc’s dominant services industry, a preliminary survey showed.FILE PHOTO: Workers assemble enclosures at the factory of German caravan and trailer maker… Continue reading Euro zone economy back to growth in March as factories roar: PMI

Euro zone investor morale slips on lockdown, vaccine rollout woes

BERLIN, Feb 8 (Reuters) – Investor morale in the euro zone unexpectedly fell in February as lockdowns to suppress the COVID-19 case load left their mark on the economy, which lost touch with other regions in the world as they recovered further, a survey showed on Monday. Sentix’s index for the euro zone fell back… Continue reading Euro zone investor morale slips on lockdown, vaccine rollout woes

IMF Boosts Global Growth Forecast On Hopes Of Pandemic Turnaround

Global economy is set to expand at a faster rate this year than expected earlier as vaccination against the coronavirus could strengthen activity later this year, underpinned by further policy support, the International Monetary Fund said Tuesday. In its latest World Economic Outlook report, the lender raised the global growth forecast for this year to… Continue reading IMF Boosts Global Growth Forecast On Hopes Of Pandemic Turnaround

ECB’s Lagarde Says Downside Risks To Eurozone Growth Outlook Less Pronounced

Risks surrounding the euro area growth outlook remain tilted to the downside, but are now less pronounced, the European Central Bank President Christine Lagarde said Thursday. “The news about the prospects for the global economy, the agreement on future EU-UK relations and the start of vaccination campaigns is encouraging, but the ongoing pandemic and its… Continue reading ECB’s Lagarde Says Downside Risks To Eurozone Growth Outlook Less Pronounced

ECB Policymakers Concerned Pandemic Second Wave Would Prolong Crisis, Minutes Show

European Central Bank policymakers were concerned that the resurgence in the coronavirus pandemic that has led to restoration of lockdown in several countries could prolong the economic crisis, minutes of the latest policy session showed on Thursday. “Members considered that the impact of positive news regarding the availability of vaccines on the medium-term outlook needed… Continue reading ECB Policymakers Concerned Pandemic Second Wave Would Prolong Crisis, Minutes Show

Euro zone investor morale rises on vaccine euphoria – Sentix

BERLIN, Jan 11 (Reuters) – Investor morale in the euro zone rose more than expected in January, hitting its highest level since February due to growing confidence about a successful vaccination strategy to tackle the coronavirus pandemic, a survey showed on Monday. Sentix’s index for the euro zone climbed into positive territory for the first… Continue reading Euro zone investor morale rises on vaccine euphoria – Sentix