Looking for lower market rates is the simplest interpretation of the wider backdrop. However, an upward creep in US inflation and a slow firming of Eurozone purchasing managers’ indexes argue against.
Clues on policy direction could come via a speech from the European Central Bank's Christine Lagarde. Governors from the central banks of England and Spain are also speaking today. In the U.K., an ...
EUR/GBP holds steady after Germany’s finance ministry reported a 2.6% YoY increase in federal and state tax revenues for ...
COLUMN. The downgrade of France's sovereign credit rating by the Fitch and S&P agencies highlights just how little confidence ...
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EuroZone Current Account Surplus Shrinks Dramatically
The EuroZone’s current account surplus has narrowed significantly, with the latest figure standing at €11.9 billion, down from the previous €29.8 ...
The euro last traded flat and Monex Europe said its potential to rise in the near term remained capped by the eurozone’s fragile growth dynamics and fiscal concerns.
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