Euro Zone/Currency
- Aug- 2022 -17 AugustStock Market
The assumption that a recession is inevitable has a few holes in it – News Opener
LONDON (Project Syndicate)—With so much talk of stagnation, inflation, and stagflation in recent months, it is worth questioning whether the…
Read More » - Jul- 2022 -22 JulyStock Market
Why Lagarde’s new market intervention tool may not help Italy – News Opener
The European Central Bank has revealed details of its latest bond-buying intervention mechanism as it seeks to ensure its first…
Read More » - 21 JulyStock Market
European Central Bank raises interest rates a half point as it delivers first hike in 11 years – News Opener
The European Central Bank, responding to fears of runaway inflation, delivered its first rate hike in 11 years on Thursday…
Read More » - 20 JulyStock Market
10-year Treasury yield dips back below 3% as traders await European Central Bank decision – News Opener
U.S. bond yields fell on Wednesday, sending the 10-year back below 3%, as market volatility eased ahead of the European…
Read More » - 14 JulyStock Market
EU hikes inflation forecast and cuts growth forecast – News Opener
The European Commission has raised its inflation forecasts for the eurozone considerably and has slashed its 2023 growth forecast for…
Read More » - 13 JulyStock Market
Euro takes fresh run toward parity after U.S. inflation hits 41 year high – News Opener
Stronger-than-expected U.S. inflation provided the nudge to push the euro back toward parity against the dollar on Wednesday. The euro…
Read More » - 12 JulyStock Market
Euro pauses at parity. But what comes next? – News Opener
In markets, big round numbers attract. But they often also provide support and offer resistance. So after powering towards 1.00 early…
Read More » - 12 JulyStock Market
Euro slips closer to parity as Goldman warns the ECB could respond more ‘forcefully’ to a weak currency’ – News Opener
As the euro moved ever closer toward parity on Tuesday, one big Wall Street bank warned that investors may be…
Read More » - 11 JulyStock Market
The euro suffers another big selloff, pushing it closer to parity against a strong dollar – News Opener
The euro moved another step closer to parity on Monday, with traders betting that high inflation leaves the region’s central…
Read More » - 5 JulyStock Market
Euro to slide to parity against the U.S. dollar unless natural-gas situation improves, Citi strategists warn – News Opener
The euro is set to keep sliding until it reaches parity against the U.S. dollar, according to strategists at Citi,…
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