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Eurozone

  • UK economy still Europe’s ‘bright spot’ after latest PMI surveys

    August 23, 2024

    The latest 'flash' purchasing managers' index (PMIs), released yesterday by S&P, showed that the UK maintained its advantage over rivals on the continent in August.

  • Eurozone inflation rises unexpectedly but September rate cut still on

    July 31, 2024

    Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.

  • ECB leaves rates unchanged but investors left guessing on next steps

    July 18, 2024

    The ECB voted to leave interest rates on hold.

  • ECB to dominate focus for traders in busy week of UK data

    July 15, 2024

    "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.

  • Eurozone inflation edges lower in June as food and energy prices ease

    July 2, 2024

    The ECB cut interest rates for the first time in five years last month.

  • ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation

    June 6, 2024

    A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.

  • ECB poised to cut interest rates in divergence from Fed and Bank of England

    May 27, 2024

    The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next week, with two key officials saying it is time to lower borrowing costs.

  • Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates

    May 15, 2024

    The European Commission released its latest round of forecasts today.

  • German recovery helps eurozone escape shallow recession

    April 30, 2024

    According to figures released this morning by Eurostat, the eurozone grew 0.3 per cent between January and March, ahead of the 0.1 per cent expansion expected by economists.

  • Traders expect fewer Bank of England interest rate cuts after US inflation surprise

    April 11, 2024

    Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.

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