The euro rose against the pound, but U.S. tariffs risks facing the eurozone could provide sterling with temporary reprieve against the euro in the second quarter.

The stronger-than-expected reading was thanks to signs of more robust growth in some members of the currency area, including Ireland and Italy.

A sharp sell-off in US stocks this year has seen European stocks take their place as the hottest trade in global markets. "Prior to the US elections, we assumed that a Trump victory would reinforce US exceptionalism," HSBC global equity strategist Alastair Pinder wrote on Monday.

Maybe then Trump will grasp that his tariff actions—part of his “America First” agenda—risk triggering a European-wide recession and another eurozone debt crisis. Some might argue that ...

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.

The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth.

"It's still too early to call it a recovery, but the PMI hints that the manufacturing sector might be finding its footing. New orders are falling at the slowest pace since May 2022, and production is edging closer to stabilising. So, after almost three years of recession, we could see a bit of growth in the coming months."

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country.

European government bonds are expected to underperform other markets given upcoming fiscal expenditures, Jupiter Asset Management's Vikram Aggarwal says in a note. "Jupiter AM was anticipating a loosening of the fiscal stance from the new German administration,

The single currency has climbed more than 4.5 per cent against the dollar this week, its biggest rise since 2009, on the prospects for a rebound in Europe just as Donald Trump’s aggressive trade policy raises concern over the health of the American economy.

The eurozone economy grew a little more than previously estimated at the end of last year thanks to signs of more robust growth in some members of the currency area. Total output grew 0.2% on ...