Early signs emerging of euro’s beefed-up global status, ING says
LONDON (Reuters) -There is early evidence that bond issuers and investors are making greater use of the euro,…
Stocks rise amid global bond sell-off while gold hits fresh highs
Oil prices fell by more than 1.5% on Wednesday ahead of an upcoming meeting of OPEC+ producers that…
Italy close to exiting EU’s excess deficit procedure, ECB’s Lagarde says
ROME (Reuters) -Italy will soon leave the European Union’s excessive deficit procedure as it is close to bringing…
Trump’s attack on Fed triggers alarm in Europe over economic stability – POLITICO
Chief among officials’ worries is that, without independence, the faith on which central banks’ stewardship of financial markets…
Lagarde says Europe’s economy would be even worse without the immigrants who moved in after the pandemic
A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply…
Europe’s economy can’t grow without migrants, Lagarde warns – POLITICO
Lagarde singled out Germany and Spain as examples. Germany’s GDP would be about 6 percent lower today without…
Europe’s politicians suffer through heat wave — with or without air conditioning – POLITICO
It’s not just conferences and events that have been suffering; so have tourists. The Eiffel Tower was partially…
A hectic half first heralds a volatile second
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager…
Summit set to show how far the EU is from seizing the ‘global euro moment’ – POLITICO
However, the most obvious single step that would instantly make the euro more attractive to world investors is…
European Union Sidelines US Dollar, Backs Euro as Next Global Currency
The European Union is now openly downplaying the US dollar saying that the euro could be the next…