Eurozone

The unpredictable policies of President Donald Trump, especially concerning tariffs and the Russia-Ukraine conflict, have stirred a sense of uncertainty among households, businesses, and Wall Street. However, this has also paved the way for new investment opportunities, as per analysts. What...

In April, inflation rates across Europe remained consistent at 2.4%, aligning with economists’ predictions, while the region experienced economic growth in the initial quarter of the year. This stable inflation rate continues a trend below 3% for the seventh consecutive month, despite a brief...

The President of the European Central Bank (ECB) Christine Lagarde has expressed skepticism regarding the idea that two consecutive quarters of negative growth could signify the onset of a recession for the European economy, challenging the conventional economic definition. Addressing questions...

Fitch Ratings forecasts a rise in corporate defaults in the U.S. and eurozone due to stricter central bank policies. What Happened: Fitch Ratings stated on Wednesday that tougher central bank regulations will continue to impact the economy, leading to an increase in corporate defaults in 2024, as...

In a surprising turn of events, the Euro Zone is predicted to face its first recession since the global pandemic, with economists forecasting a contraction in the economy for the second quarter in a row, as per a recent Bloomberg survey. What Happened: A Bloomberg report on Dec. 11, 2023, revealed...

The Bank of England caught markets off guard by enacting an unexpected 50-basis-point hike in its policy interest rate to 5% Thursday, marking the 13th consecutive increase and bringing the cost of borrowing to the highest since 2008. The BoE noted that second-round effects on domestic wages and...

With political risk muted, at least for the moment, and European stocks looking attractively valued relative to their U.S. counterparts, investors have multiple reasons to consider the region's equities and exchange traded funds such as the SPDR EURO STOXX 50 ETF (NYSE: FEZ). The Importance Of...

Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...

WisdomTree Investments, Inc. (NASDAQ: WETF), the fifth-largest U.S. issuer of exchange-traded funds, expanded its already substantial lineup of international ETFs Thursday with the introduction of three new funds. For investors looking for a dedicated play on the ongoing recovery in eurozone local...

Dennis Gartman of The Gartman Letter said that the entire Greece bailout hinged on the fact that "Germany's industries wanted/need/ and have demanded" that Greece be kept in the Eurozone in order to "keep that currency weak on balance." In particular, the euro hit multi-...

The Prime Minister's Office in Athens on Tuesday sent a two-page letter to the heads of the European Commission, European Central Bank and International Monetary Fund. Various media reports, including the Financial Times noted that the letter implies the Greek government will accept most of...

In a report published Monday, MKM Partners Chief Economist and Market Strategist Michael Darda discussed the possibility of a Greece exit from the euro and if so, is this Eurozone's "Lehman" moment. Darda noted that it's "too soon to tell" if Greece will leave the...

In seven days Greece will run out cash, Reuters reported on Thursday. The country notified its creditors that it will have no more cash on April 9, emphasizing the urgent appeal for more loans. Reuters noted that the appeal was made on teleconference call on Wednesday with eurozone deputy finance...

On Thursday, Greek officials are planning to submit a new proposal requesting an extension to the nation’s “loan agreement” in a last ditch effort to secure much needed funding without agreeing to continue its bailout program. According to Greek Finance Minister Yanis...