Euro zone services activity slumps in April on weak demand, PMI shows
LONDON, May 6 (Reuters) – Euro zone services activity contracted in April for the first time in almost…
ECB’s Schnabel sees ‘disconnect’ between stock market valuations and fundamentals
LONDON, May 7 (Reuters) – European Central Bank board member Isabel Schnabel said on Thursday that there appeared…
Iran war pauses global easing push by central banks in April
LONDON, May 6 (Reuters) – The Iran war has seen major central banks put interest rates on hold…
Euro zone bond yields inch lower with Strait of Hormuz in focus
LONDON, May 5 (Reuters) – Euro zone government bond yields were a touch lower on Tuesday, in line…
Dollar rises, European stocks and bonds fall after reports of U.S. warship being hit missiles
LONDON, May 4 (Reuters) – The dollar strengthened while European shares and bond prices fell on Monday after…
Traders temper euro zone rate hike bets as ECB grapples with Iran war impact
LONDON, April 30 (Reuters) – Traders on Thursday slightly tempered their bets that the European Central Bank will…
Inflation surge and eroding growth raise policy dilemma for ECB
FRANKFURT, April 28 (Reuters) – Euro zone inflation expectations are surging on the fallout from the Iran war…
Gold slips to three-week low as oil climbs, central bank decisions loom
April 28 (Reuters) – Gold slipped to a more than three-week low on Tuesday, following a rise in…
European aluminum billet premium doubles after Iran war disrupts supply, squeezes consumers
The premium in Europe for aluminum billet, a semi-finished product, has doubled since the Iran war started due…
Gold steadies as traders await central bank decisions amid inflation worries
April 27 (Reuters) – Gold prices were steady on Monday, as traders stayed cautious ahead of upcoming central…
Oil shock complicates central bank outlooks
The fundamental challenge is timing. While energy prices can surge overnight, monetary policy works with a lag. By…
Geopolitical stress not yet reflected in euro zone bank earnings, supervisor says
WASHINGTON, April 17 (Reuters) – The balance sheet of euro zone banks does not yet reflect elevated geopolitical…