Tag: Eurozone
ECB to Conduct Third Consecutive 25 bps Rate Cut – Action Forex
The European Central Bank (ECB) is set to conduct its third consecutive 25 bps rate cut, marking the 4th in total. This decision comes in the wake of lower GDP and CPI outlook, shrouded...
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no significant US events scheduled for the day and US markets...
ECB’s Panetta on Interest Rates: Possibility of Rates Going Below Neutral Levels
The European Central Bank's (ECB) board member, Fabio Panetta, recently discussed the possibility of interest rates going below neutral levels. This statement has sparked interest and concern among investors and financial experts.Panetta's remarks come...
ZEW Economic Sentiment November Forecast: Will it Match October’s Improvement?
Today's focus is on the German ZEW indicator for November, as it will be the only economic data released. It will be interesting to see if the positive trend in expectations seen in October...
Eurozone PMI Impact on Eurozone Currency Trends – Action Forex
On Thursday, S&P Global released preliminary estimates for the October PMI across major regions. In Europe, this data holds significant importance as it tends to impact market trends.The data from Europe showed a mixed...
Eurozone Trade Data: Goods Exports and Imports Decline in August
Eurozone trade data for the month of August revealed a decline in both goods exports and imports. Goods exports decreased by 2.4% year on year to EUR 216.7 billion, while goods imports also fell...
BREAKING NEWS
Elanco’s Growth Outlook: 6 Blockbusters Drive Solid Performance
Elanco Animal Health is on track for significant growth with the expectation of launching six potential blockbusters between 2023-2025. These new products are projected...
