Eurozone Economy - Results from #80

21 April 2023 Euro Rallies on Surging Economic Comeback

The message from the April PMIs is clear: the Eurozone economy is rallying back in a strong fashion thanks to a rebound in the bloc's services sector.

17 April 2023 Receding Core Inflation Could Soon Pose Risk to the Euro Says BCA Research

European inflation is in retreat and the core inflation rate is on the cusp of a protracted retrenchment that would invite financial markets to position for an eventual series of European Central B…

08 March 2023 "It is Clear that the Eurozone Economy is Struggling" - Reactions to Eurozone 0% GDP Reading

Official figures show the Eurozone's economy flatlined in the final quarter of 2022, but the headline masks a more troubling picture of an economy that is clearly struggling, say economists.

02 March 2023 Euro Exchange Rates Penalised by Rising Inflation and Unemployment

Is stronger-than-expected inflation now a negative for Euro exchange rates?

01 March 2023 Euro Climbs on German Inflation Surprise

The Euro was a clear outperformer at the start of the new month as it responded to another leap higher in Germany bond yields as investors react to surprisingly strong inflation readings.

27 February 2023 Germany Risks "Slightly More than Just a Technical Recession" says Deutsche Bank

 Deutsche Bank, is forecasting a further contraction in the opening quarter of this year that would make for, "sligthly more than just a technical recession." 

01 February 2023 "Stubborn Rate of Core Inflation" to Keep ECB on the Hiking Path

A sharp drop in Eurozone CPI inflation last month was offset by a stubbornly high core inflation reading, which will likely keep the European Central Bank on course to deliver further interest rate…

30 January 2023 Spanish Inflation Surprise Boosts Euro against Pound and Dollar

The Euro rose after Spanish inflation unexpectedly accelerated in January, prompting investors to raise expectations for the scale of interest rate hikes yet to come from the ECB.

10 January 2023 Eurozone Recession Avoided says Goldman Sachs, But UK Will Still Contract

The Eurozone economy won't contract in 2023 says Goldman Sachs following an upgrade to their growth forecasts.

06 January 2023 GBP/EUR Tests Key Support after Eurozone Inflation Surprise

GBP/EUR extends trend of weakness in wake of Eurozone inflation data.

03 January 2023 German Inflation Eases, Euro Exchange Rates Lose Altitude

EUR lower on the same day data from Germany revealed a sharp decline in inflation which hints that prices in the Eurozone might come down faster than the European Central Bank currently anticipates…

30 November 2022 Good News on Eurozone Inflation Means ECB is Tipped to Hike 50bp in December

Eurozone inflation data came at a lower-than-expected rate.

29 November 2022 Euro Fumbles as German, Spanish Inflation Data Undershoot

The Euro was softer following German inflation data for November.

23 November 2022 Eurozone Economy "Slipping into Recession" - S&P Global PMIs

Eurozone PMIs confirmed the bloc's economy shrunk in November, however, the scale of the decline was less severe than markets were expecting.

31 October 2022 Eurozone Inflation Soars to New Record and Economy Grows, But ECB Tipped to Slow Rate Hiking Cycle

Eurozone inflation has hit a new record after Eurostat reported prices jumped by a record 10.7% in October and separate data showed the bloc's economy grew faster than expected in the third quarter…

30 September 2022 Euro Outlook: Double-digit Eurozone Inflation to Offer Scant Support

The ECB is expected to come "out in force" in response to Eurozone inflation data that has reached double digits, however this will offer scant support to Euro exchange rates say analysts.

29 September 2022 German Inflation Could Peak at 13% says Economist

Germany's inflation rate has now surpassed that of the UK and could be on course to peak at 13% say economists.

31 August 2022 9.1% Inflation Deepens Eurozone's Cost of Living Crisis

Eurozone CPI inflation rose 9.1% year-on-year in August according to Eurostat, up from 8.9% in July and beating expectations for a reading of 9.0%, deepening the region's cost of living crisis.

23 August 2022 PMIs Show Eurozone "Heading Towards Recession Quickly"

The Eurozone is entering recession according to the findings of a regular and much watched survey.

29 July 2022 Euro Rebounds as Eurozone GDP Beats Expectations

Euro exchange rates were higher on the final trading day of July, boosted by above-consensus inflation and GDP data.