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The Path Ahead: Unraveling the Dynamics of Emerging Market Currencies in 2024
The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.
Robert Quartly-Janeiro Dec 14, 2023
Bulgaria Must Double Down on Rule-of-Law Reforms Before Eurozone Entry
Influenced by Russian propaganda, Bulgaria's pro-Kremlin parties are amplifying anti-euro disinformation. However, the country's ongoing rule of law problems render it unfit for immediate euro adoption.
IBT Staff Reporter Oct 18, 2023
EU economies post best growth in 10 years as UK fumbles over Brexit
Data from the EU statistics office shows that the economy of the 28-member EU grew by 2.5% in 2017, its best performance since it grew 2.7% in 2007.
David Brennan Feb 14, 2018
Pointers from the financial market's performance in 2017 for the upcoming year
The past 12 months have been largely positive for the stock markets, but the macroeconomic scenario appears increasingly uncertain as we enter 2018.
Carlo Alberto De Casa Dec 18, 2017
Pound and the forex market in 2018: It'll be hard to disappoint pessimists
'Bumping along the bottom' is what the British currency did in 2017 and the same expression might apply to 2018 too.
Kit Juckes Dec 15, 2017
End of eurozone quantitative easing 'in sight' despite dovish European Central Bank stance
The central bank's announcement – that it will extend asset purchase programme until next year – does not signal indefinite extension, says ratings agency.
Gaurav Sharma Oct 30, 2017
French minister wants 'United States of Europe' after Brexit
The French finance minister Bruno Le Maire has called for the Eurozone to transform into a United States of Europe -
while also warning Britain of a painful life after Brexit.
IBT UK Contributor Oct 13, 2017
Theresa May ought to know that messy politics often results in bad economics
The Prime Minister started by eulogising free markets in her Tory Party Conference speech and ended up talking price controls in a paradoxically daft narrative.
Marcus Dewsnap Oct 06, 2017
Eurozone's economic recovery 'alive and kicking', ratings agency claims
S&P Global Ratings opines the current recovery in Europe won't be a false dawn and can be sustained.
Gaurav Sharma Oct 03, 2017
Eurozone inflation stagnates at 1.5% adding to European Central Bank 's quandary
Reading underlines challenge facing the central bank as inflation remains below it's goal of just under 2%
Staff Reporter Sep 29, 2017
Pound surges to 5-week high against dollar despite mixed UK economic data
British currency also holds firm against major crosses as concern grows over strength of the euro.
Gaurav Sharma Sep 08, 2017
Brexit will throw British businesses into the jaws of more red tape
A year after the EU referendum, not one of the important issues has been resolved.
Karan Bilimoria Jul 27, 2017
If Britain is the 'sick man' of Europe benchmarking standards have really slipped
Many economies are seeing growth at or below that of Britain but the post-Brexit sick man narrative persists as it suits the agenda of some.
Gaurav Sharma Jul 26, 2017
Greece denied fresh bailout funds amid eurozone-IMF spat
Athens needs €7bn by July to fulfil debt obligations.
Karthick Arvinth May 23, 2017
Draghi puts down German minister as ECB holds fire on interest rates
Central bank maintains eurozone status quo on interest rate, as its president says 'downside risks have diminished'
Gaurav Sharma Apr 27, 2017
If Brussels and London start a euro clearing war, New York would be the only beneficiary
The thorny issue of clearing in London is back, but row is more about politics than economics.
Gaurav Sharma Apr 06, 2017
Don't be cowed by the bullying of the Brextremist Lie Machine papers
In his speech at the Unite for Europe march in London, Campbell told EU supporters to keep fighting.
Alastair Campbell Mar 25, 2017
What Geert Wilders winning the Dutch elections would mean for the EU
The Dutch could leave the Eurozone in a massive blow to the whole EU project.
Pieter Cleppe Mar 13, 2017
FX Focus: Pound hits one-week low against dollar after unemployment data
Dollar gains ground after Janet Yellen tells US Congress interest rates hike is likely in the short-term future.
Dan Cancian Feb 15, 2017
Spiking eurozone inflation could put European Central Bank in difficult spot
Ratings agency S&P believes 2017 could mark the return rising inflation to Europe.
Gaurav Sharma Jan 09, 2017
ECB extends bond-buying until December 2017, but reduces level to €60bn from April
European Central Bank says its €80bn-a-month quantitative easing scheme will continue as normal until the end of March.
Gaurav Sharma Dec 08, 2016
FX Focus: Pound slide continues after disappointing manufacturing data
Australian dollar tumbles as economy shrinks at the fastest rate since the 2008 recession in the third quarter.
Dan Cancian Dec 07, 2016
FX Focus: Pound hits two-month high against dollar amid increasing hopes of 'soft Brexit'
Euro pulls back from two-week high it touched in the previous session amid fallout from Italian referendum.
Dan Cancian Dec 06, 2016
FX Focus: Euro hits two-week high against dollar, despite plunging after Italian referendum
Euro had plunged to lowest level since March 2015 following news Italian Prime Minister Renzi will step down.
Dan Cancian Dec 05, 2016
Euro falls to 20-month low as traders react to Italy's referendum No vote
Markets brace for a tough period after Italian Prime Minister Matteo Renzi loses campaign for constitutional reforms.
Roger Baird Dec 05, 2016
FX Focus: Pound extends gains against euro and dollar ahead of crucial weekend
Dollar edges higher against the euro after unemployment rate hits nine-year low in November.
Dan Cancian Dec 02, 2016
Brexit will be harder on the UK than on eurozone, warns European Central Bank
ECB President Mario Draghi says single market has been a fundamental asset for London.
Rachel Middleton Nov 28, 2016
Eurozone economic growth holds steady in the third quarter
Eurozone GDP grows 1.6% year-on-year in third quarter, matching expectations.
Dan Cancian Oct 31, 2016
RBS chairman warns that major banks plan to shift from London to the eurozone
Brexit will drive bankers out and hurt the central London property market by reducing demand.
Shane Croucher Oct 19, 2016
European Central Bank holds benchmark interest rate at 0.0%, extends €80bn asset purchase programme
President Mario Draghi says there should be no doubt about the ECB's ability to take further stimulus measures if needed.
Gaurav Sharma Sep 08, 2016
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