Bundesbank cuts Germany growth outlook for 2024 and 2025
The Bundesbank has significantly lowered its growth forecasts for Germany's economy, projecting a contraction of 0.2% in 2024, a stark revision from the previously anticipated 0.3%...
Euro zone industrial output holds steady, defying decline forecast
The euro zone's industrial production remained unchanged in October, defying economists' expectations of a slight decline. The performance comes after the sector experienced a 1.5%...
Euro zone industry did not fall in Oct but recovery not in sight
FRANKFURT (Reuters) - Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but data suggested that no...
Germany faces lethargic growth, potential hit from Trump, Bundesbank says
FRANKFURT (Reuters) - Germany's economy will shrink for the second year in a row this year and its recovery will be lacklustre, potentially exacerbated by a trade war with the...
Dollar strength, Broadcom, Musk charges - what's moving markets
-- Wall Street is seen trading slightly higher Friday, helped by positive guidance from chipmaker Broadcom. The dollar is on course for a positive week, while Elon...
China central bank promises to keep yuan exchange rate stable
BEIJING (Reuters) - China will firmly prevent overshooting risks of the yuan exchange rate and keep the rate basically stable, its central bank said on Friday, state media...
Policy divergence and FX volatility is set to be a key theme for 2025: Barclays
-- Policy divergence between the Federal Reserve and European Central Bank (ECB), and volatility in the foreign exchange (FX) markets is set to be a key theme for...
French y/y consumer inflation confirmed at 1.7% in November
(Reuters) -Consumer prices in France were up 1.7% year-on-year in November, statistics office INSEE said on Friday, in line with its preliminary reading published late last month....
ECB's Villeroy signals more rate cuts amid euro zone economic concerns
The European Central Bank (ECB) is poised to lower interest rates further in the next year, according to ECB policymaker Francois Villeroy de Galhau. In a statement made on...
German exports fall more than expected in October
By Maria Martinez (Reuters) -German exports fell more than expected in October, an indication that the long-awaited recovery in external demand has been delayed. Exports fell by...