Eurozone economic growth stabilized as initially estimated in the third quarter, data from Eurostat showed Tuesday. Gross domestic product expanded 0.3 percent sequentially in the third quarter, the same pace of growth as seen in the second quarter, while there was a small upward revision in annual growth to 1.7% from the previous estimate of 1.6% and the annual rate has held at 1.7% for the past three quarters.…
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Eurozone economic growth stabilized as initially estimated in the third quarter, data from Eurostat showed Tuesday. Gross domestic product expanded 0.3 percent sequentially in the third quarter, the same pace of growth as seen in the second quarter, while there was a small upward revision in annual growth to 1.7% from the previous estimate of 1.6% and the annual rate has held at 1.7% for the past three quarters.…
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Retail sales in the 19 countries sharing the euro grew by 1.1 percent in October from September, breaking two months of declines, and by 2.4 percent from a year earlier, the European Union’s statistics office Eurostat said on Monday.
There was a 0.2% increase in food sales for the month, while fuel sales decline, but the most notable feature was a strong increase in non-food sales of 2.3% on the month following a 1.2% decline previously.…
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Retail sales in the 19 countries sharing the euro grew by 1.1 percent in October from September, breaking two months of declines, and by 2.4 percent from a year earlier, the European Union’s statistics office Eurostat said on Monday.
There was a 0.2% increase in food sales for the month, while fuel sales decline, but the most notable feature was a strong increase in non-food sales of 2.3% on the month following a 1.2% decline previously.…
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News Event
From Trading Economics: The final IHS/Markit Eurozone Manufacturing PMI increased to 53.5 in October of 2016, higher than a preliminary reading of 53.3 and a final of 52.6 in September. It is the highest figure since January of 2014 as production, new orders, new export orders and employment all rose at a faster pace while inflationary pressures accelerated.…
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News Event
From Trading Economics: The final IHS/Markit Eurozone Manufacturing PMI increased to 53.5 in October of 2016, higher than a preliminary reading of 53.3 and a final of 52.6 in September. It is the highest figure since January of 2014 as production, new orders, new export orders and employment all rose at a faster pace while inflationary pressures accelerated.…
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News Event
From Trading Economics: The Eurozone economy expanded 0.3 percent on quarter in the three months to September of 2016, the same as in the previous period and in line with market expectations. GDP growth picked up in France and Austria but slowed in Spain, Belgium and Lithuania.…
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News Event
From Trading Economics: The Eurozone economy expanded 0.3 percent on quarter in the three months to September of 2016, the same as in the previous period and in line with market expectations. GDP growth picked up in France and Austria but slowed in Spain, Belgium and Lithuania.…
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The 19 bloc euro area today posted figures which showed an expansion in their current account, despite a shrinkage in the account surplus for the month of July there was a record surge in investments. The surplus recorded for the 19 country euro zone reached €21 billion, as it dropped from a previous value of €29.6 billion which was mostly fuelled by rising net portfolio investments of €58 billion.…
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The 19 bloc euro area today posted figures which showed an expansion in their current account, despite a shrinkage in the account surplus for the month of July there was a record surge in investments. The surplus recorded for the 19 country euro zone reached €21 billion, as it dropped from a previous value of €29.6 billion which was mostly fuelled by rising net portfolio investments of €58 billion.…
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Data released today have shown a slump to a 3 month low in the Markit Eurozone flash PMI index as it was reported to be 51.8 from a previous reading of 52.0, while the services sector reached a 3 month high of 53.1 after a previous 52.9.…
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Data released today have shown a slump to a 3 month low in the Markit Eurozone flash PMI index as it was reported to be 51.8 from a previous reading of 52.0, while the services sector reached a 3 month high of 53.1 after a previous 52.9.…
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Official figures today revealed economic growth in the 19 countries comprising of the Eurozone falling by 50% in the second quarter of 2016, this is most likely the result of the fading bolster it had earlier received from the fall in oil prices and the weakness in the euro, as it does not look like the impact of the UK referendum on the EU.…
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Official figures today revealed economic growth in the 19 countries comprising of the Eurozone falling by 50% in the second quarter of 2016, this is most likely the result of the fading bolster it had earlier received from the fall in oil prices and the weakness in the euro, as it does not look like the impact of the UK referendum on the EU.…
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- IFO shocks analysts and investors
- Optimism for the Euro
The unexpected German business sentiment slump in July from a seven month high in June signifies that Europe’s largest economy has proven itself resilient to the after effects of the UK referendum.…
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- IFO shocks analysts and investors
- Optimism for the Euro
The unexpected German business sentiment slump in July from a seven month high in June signifies that Europe’s largest economy has proven itself resilient to the after effects of the UK referendum.…
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- Terror attacks spark plunge in the euro
- Dollar strengthens further
The EURUSD on Friday hit a new low at 1.0956 before a small rebound, the pair has shown no intentions of rising further, after the ECB failed to pull the EURUSD above its previous range.…
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- Terror attacks spark plunge in the euro
- Dollar strengthens further
The EURUSD on Friday hit a new low at 1.0956 before a small rebound, the pair has shown no intentions of rising further, after the ECB failed to pull the EURUSD above its previous range.…
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