Euro area

Markets

Market insights: What is behind the European stock markets’ rally?

European markets continued to outperform their US counterparts despite the recent rebound on Wall Street. Notably, the banking and industrial sectors stand as the top two performers, driven by relatively cheaper valuations, expectations for surging defence spending, and optimistic economic outlooks.

26/03/2025

Markets

Euro strengthens, boosted by optimism over German election results

The German election may fuel optimism about potential fiscal policy reform, which is expected to revitalise Europe's largest economy. The euro and the DAX could strengthen further amid the projected result.

24/02/2025

Economy

ECB flags trade tariffs, competitiveness gap as risks for growth

The ECB sees rising trade frictions and regulatory barriers as risks to eurozone growth, with US trade policy uncertainty and global demand slowing. While inflation is easing, policymakers remain cautious, with no pre-commitment to rate cuts.

13/02/2025

Markets

Global markets roil after Trump's tariffs on Canada, Mexico and China

The world's financial markets are in turmoil amid fears over an all-out global trade war after US President Donald Trump imposed blanket tariffs on Canada, Mexico, and China.

03/02/2025

Markets

European stocks rally following US and UK inflation data

European stock markets experienced a strong rally following cooling inflation data from the UK and the US on Wednesday. However, the weakness in the euro and the pound sterling may persist due to the ongoing economic and political uncertainties.

16/01/2025

Markets

Euro rebounds ahead of crucial US inflation data and tariff hopes

The euro has rebounded against the US dollar over the past two trading days on news that the US president-elect may consider a gradual pace of hiking tariffs. However, the trend may be vulnerable to the upcoming US CPI, which is expected to remain sticky in December.

15/01/2025

Economy

Euro area sees stable results for November jobless figures

While Spain and France saw some of the highest unemployment rates in November, Germany recorded the fewest number of people without jobs.

07/01/2025

Markets

Why the euro's seasonal December rally could be at risk this year

December has traditionally been the euro's strongest month, with consistent gains driven by US dollar weakness. However, political instability in Europe, US tariff threats, and global geopolitical tensions may challenge the euro's usual seasonal rally this year.

04/12/2024

Europe News

MEPs critique Angela Merkel's legacy as memoirs hit the shelves

‘Freedom’ is an autobiographical book by Angela Merkel, former German Chancellor from 2005 to 2021. It retraces her national and European political career.

28/11/2024

Markets

Euro holds steady despite Trump's renewed threats on tariffs

The euro stabilised against the US dollar on Tuesday, despite more tariff threats from US President-elect Donald Trump, targeting imports from Canada and Mexico.

27/11/2024

Markets

Euro tumbles to a one-year low as US releases inflation figures

The euro further declined against the US dollar following the release of US inflation data on Wednesday. Analysts expect that the euro may continue to face downward pressure against the dollar, even if enthusiasm over Trump's policies subsides.

14/11/2024

Business

Market winners and losers as Trump secures historic victory

As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration.

06/11/2024

Markets

Euro suffers worst drop since Covid ahead of Trump winning US election

Ahead of a decisive win by Donald Trump in the US presidential election there was a sharp rally in the US dollar, sending the euro to a four-month low and boosting Bitcoin by 5% to a record high as European markets opened.

06/11/2024

Markets

Euro falls to two-month low as Fed shows no rush for further rate cuts

The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to continue due to shifting expectations about the European Central Bank (ECB) and the Federal Reserve's approach to interest rate cuts.

10/10/2024

Business

Eurozone retail sales rebound as euro strengthens against US dollar

Eurozone retail sales rose by 0.1% in July, rebounding from a June decline. The euro strengthened to 1.11 against the dollar, driven by US Fed rate cut speculation ahead of Friday's jobs report.

05/09/2024

Economy

Eurozone inflation at 2.6% in July as euro hits 9-month high

Eurozone inflation was confirmed at 2.6% year-on-year in July, up from 2.5% in June. The inflation rise, coupled with expectations for Federal Reserve rate cuts, have pushed the euro to a 9-month high against the US dollar.

20/08/2024

Economy

Euro area trade surplus rises despite a drop in exports

The value of exports in the region outweighed imports in June 2024, particularly when looking at the trade of chemicals, machinery and vehicles.

16/08/2024

Bulgaria

Bulgaria's political impasse complicates its relations with Brussels

One of Bulgaria's top issues is joining the eurozone. Sofia hopes to join the single currency in 2025, but the political difficulties of recent years make this unlikely.

07/08/2024

Markets

Euro surges to eight-month high as safe haven currency

The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate decision remains a key factor in determining the single currency's trend.

07/08/2024

Economy

More eurozone citizens find themselves jobless in June

The marginal increase in unemployment in the eurozone suggests a slow-down in the labour market after a period of growth.

01/08/2024