EURO Economy

By My Trading Buddy | News & Stories affecting the Eurozone Economy and those that are trading and Investing in Euro Assets including, Stocks, Bonds, Futures and Forex

Central Banks Rundown: Monetary Policy Continues to Drive Markets - Markets Analysis

Monetary policy has been a key driver of the global financial markets since the 2008 U.S. subprime mortgage crisis, which quickly devolved into the …

Central Banks

German factory orders suffer biggest plunge since 2009 – business live

All the day’s economic and financial news, including a surprise drop in demand for German-made goods in January

Budgeting

Eurozone economy overtakes UK as France and Germany accelerate

Germany and France are experiencing an economic resurgence, driving the eurozone to grow at its fastest pace in almost six years, while UK companies appear to have lost some pace.<p>Strong demand pushed up business output across all of the major eurozone economies, according to IHS Markit’s purchasing …

United Kingdom

What if the euro imploded? Six trade ideas

LONDON (Reuters) - Frexit, Grexit or jitters about Quitaly - existential threats to the euro are remote but investors are still looking for clever ways to protect themselves against the risk of a euro dropout.<p>Pricing in arcane reaches of bond markets and elsewhere shows investors are not taking …

Banking

March 2017 Market Outlook - Important Economic Events - Markets Analysis

Although Donald Trump’s victory in the US Presidential elections resulted in an immediate upturn in business sentiment in the country, the highly …

Bank of England
Euro
Economics

GREECE IN PANIC: Citizens withdraw £2.1bn from banks in 45 DAYS amid default fears

And they are stashing the cash under their mattreses, in safes and in furniture amid a new run on the banks, it has been claimed.<p>Greece faces running …

Greece

Europe must not cave in to US spending demands on NATO, says EU's Jean-Claude Juncker

European Commission President Jean-Claude Juncker said on Thursday that Europe must not cave in to US demands to raise military spending, arguing that development and humanitarian aid could also count as security.<p>US president Donald Trump has raised questions about his commitment to the NATO …

NATO

France’s Le Pen Announces Presidential Campaign: What Does it Mean for Financial Markets? - Markets Analysis

Earlier this month, far-right leader Marine Le Pen officially launched her presidential campaign in France with a pledge that if elected she would …

Greece

Germany's Global Trade Surplus Hits Record

FRANKFURT—Germany’s exports exceeded its imports by the widest yearly margin on record last year, a sign of the strength of Europe’s biggest economy that could inflame tensions between Washington and Berlin over their trade relations.<p>Germany’s trade surplus—or the balance of exports and imports of …

Economics

The head of the European Central Bank slammed Trump's efforts to slash Wall Street regulation

By Balazs Koranyi and Francesco Canepa<p>FRANKFURT (Reuters) - The European Central Bank rejected U.S. accusations of currency manipulation on Monday and warned that deregulating the banking industry, now being openly discussed in Washington, could sow the seeds of the next financial crisis.<p>Arguing …

Economics

Benefits of leaving the euro are a mirage: Draghi

FRANKFURT (Reuters) - Ditching the euro would not benefit any country in the currency bloc, and governments mostly have themselves to blame for their economic problems, European Central Bank President Mario Draghi said on Thursday.<p>Euroskepticism has gained ground in the region as its political …

Eurozone inflation surges to highest rate in almost four years

Eurozone inflation surged to a near four-year high in January, in a jump that is likely to intensify the debate surrounding the European Central Bank's bond buying programme.<p>Annual consumer prices inflation rose to 1.8pc in January amid a jump in food and energy costs, up from 1.1pc in December, …

Economics

Eurozone inflation jumps in January

<b>The eurozone's economy is showing signs of recovery after the latest data pointed to a fall in unemployment while growth and inflation picked up.</b><p>Rising energy prices pushed inflation to 1.8% in January, a near four-year high and up from 1.1% in December.<p>Eurostat data also showed the jobless rate …

Economics
Economics

Goldman: Europe’s Stocks to Return Double U.S. Equities in 2017 - Bloomberg

European equities will catch up to their U.S. peers once the uncertainty surrounding near-term elections is lifted, according to Goldman Sachs Group …

Wall Street

Euro zone bailout fund - Greek public debt is manageable

BRUSSELS (Reuters) - Greece's public debt can be manageable, the euro zone bailout fund said on Sunday, responding to a leaked report by the International Monetary Fund that the country's debt will explode to 275 percent of GDP by 2060.<p>A spokesman for the bailout fund, the European Stability …

Greece

Adidas CEO very concerned about Europe's political failure: Welt

BERLIN (Reuters) - Adidas <ADSGn.DE> Chief Executive Kasper Rorsted is very worried about the effects of Europe's failure to solve its problems, German newspaper Die Welt reported.<p>European Union leaders are grappling with the challenges of migration, a lingering euro crisis, the rise of right-wing …

Europe

Draghi Makes It Clear

The euro has been on a rather strong uptrend in the month of January, increasing close to 3% against the U.S. dollar.<p>Revealed last week was the fact …

China eyes stabilising role in call with Germany's Merkel

China

The Crisis of the Middle Class: Davos Panel

IMF Managing Director Christine Lagarde, Italian Economy and Finance Minister Pier Carlo Padoan, Harvard University President Emeritus Larry Summers, …

Economics

REPORT: Brexit will move Europe's financial heart from London to Frankfurt

LONDON - Germany's financial centre, Frankfurt, is set to grab a huge chunk of the City of London's business post-Brexit, aided by themerger between the London Stock Exchange and Deutsche Boerse.<p>According to a research paper commissioned by Deutsche Boerse, and published by Professor Dirk Schiereck …

Banking

Italy will be the next big problem in Europe

As a new year begins, we look at a key forecast that will bridge 2016 and 2017: the Italian banking crisis. In Geopolitical Futures’ 2016 forecast, we said that the focal point of Europe’s financial crisis would shift from Greece to the Italian banking system. For 2017, we forecast that the …

Banking
Europe

Eurozone inflation unexpectedly rises to 1.1% - Markets Analysis

Inflation levels for Eurozone increased to a three year high. The December Consumer Price Index (CPI) surged to 1.1% over the period of twelve months …

How Greece’s Troubled Economy Could Turn Around in 2017

Violating the terms of its bailout program, the Greek government recently announced that it will distribute a sizeable “Christmas gift” to Greek …

Greece

The boss of one of the world's biggest firms says Europe has an even bigger problem than Brexit

The rise of populism in Europe is a far greater threat to the continent’s stability than Britain’s decision to leave the EU, the global chairman of …