The Consumer Price Index (CPI) of the eurozone came in below expectations in August, after the revised data showed that inflation rose by a smaller 0.1 percent against the flash estimate of a 0.2-percent increase.
The European Central Bank (ECB) responded to macroeconomic pressures and the eurozone economy’s weak outlook by cutting benchmark interest rates by 10 basis points. Concluding the monetary-policy meeting in Frankfurt last month, the governing council announced a reduction in interest rates on the deposit facility
Industrial production in Germany fell by a bigger-than-expected 1.5 percent month-on-month in June 2019, after the escalating trade war between the United States and China triggered a negative impact on the country’s exports.
The pound sterling fell to 27-month lows against the greenback on July 16, after Boris Johnson and Jeremy Hunt, frontrunners to succeed outgoing UK Prime Minister Theresa May, hardened their Brexit pitches over the Irish backstop.
The pound sterling rebounded from its April 2017 low after the Brexit deal of Prime Minister Theresa May’s Conservative Party was defeated by a record margin of 230 votes in the House of Commons on January 3 of this year.
Over the last few months, market experts have been sounding the death knell for the United States’ dominance in world trade and the effectiveness of the dollar as the reserve currency, which has historically enjoyed strong investor confidence.
US tariffs are starting to take a toll on the Chinese economy, with the September manufacturing PMI stalling at 50.0 after expanding for 15 months in a row
Eurozone annual consumer inflation edged up to 2.1 percent in July 2018, continuing its upward streak after recording a 2-percent growth in June. The annual inflation figures, the highest since December 2012
Business activity in the United Kingdom’s manufacturing sector continued to slip in April, after peaking in November of last year. The weakening in manufacturing activity was led by multiple factors, including a decline in business optimism
This year will decide Britain’s future in the eurozone. To understand how the eurozone-UK Brexit negotiations will impact nations and businesses, the outcome of the talks, which are already in an advanced stage