Euro zone economy likely contracted in Q3
A sign reading "Anti-inflation challenge, second price cut" is seen near shelves at a supermarket in Nice, France, June 15,...
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Euro parity is back on the dial for FX markets
Euro outlook deteriorates on high oil pricesDon't rule out a move to parity, analysts sayEuro shed 3% in Q3, on track for 3rd year of lossesLONDON, Oct 4 (Reuters) - Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy's fiscal position mean headwinds for the euro are getting stronger, raising the risk of a move back towards the psychologically key $1 marker.The euro, trading at its lowest levels of this year near$1.05 , fell 3% versus the dollar in the third quarter. It is poised for a...
Morning Bid: This Fed’s not for turning
A look at the day ahead in U.S. and global markets by Mike DolanIf markets had been hoping the Federal...
European stocks steady as banks offset declines in utilities
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 29, 2023. REUTERS/Staff/File...
GM, Stellantis face $9.5 bln in US fuel economy fines -industry group letter
The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/File...
Morning Bid: Markets strap in for PMI data dump
An exit sign is pictured at the Frankfurt stock exchange, January 15, 2015. REUTERS/Kai Pfaffenbach/File photo Acquire Licensing RightsA look...
Italy hikes 2023 debt issuance as public finances creak
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Mateusz Morawiecki hold a joint press conference in Warsaw, Poland, July...
EU mulls how to make enlarged bloc work, to offer cash, market access to candidates
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsEU looks at easier decision-making, budget changes to enlargeEU to offer candidates gradual market access, cash for reformsEU leaders to discuss enlargement on Oct 5-6 in GranadaBRUSSELS, Sept 28 (Reuters) - European Union governments discussed on Thursday how to revamp EU decision-making and finances to be ready for new members as the Commission said it would propose cash and EU market access for candidates to speed up their membership preparations.The talks...
Sizes of European government debt trades halve in 2023-ICMA
Euro and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSept...
European shares snap 4-day losing streak, insurers lag as NN Group falls
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 25, 2023. REUTERS/Staff Acquire Licensing RightsNN Group shares fall after unfavourable court rulingH&M shares rise as Q3 beat dwarfs weak September salesItalian-German risk premium at highest since May ahead of Italian budgetSTOXX 600 up 0.4%Sept 27 (Reuters) - European shares rose on Wednesday after four straight sessions of losses, while insurance stocks capped the gains as Netherlands' largest insurer NN Group fell after an unfavourable court ruling.The pan-European STOXX 600 index (.STOXX) added...