eu economy

Among the wealth of economic events coming out of Europe this week, one that we don't want to miss is factory orders from Germany. This gives some important insight into how the largest economy in the eurozone is doing, as well as the… Read More

The euro came under heavy selling pressure yesterday in response to fresh dovish comments from ECB president Draghi. Draghi spoke at the ECB's Sintra conference in Portugal. During his speech, he gave the market a very clear signal that… Read More

Tomorrow we have the release of a host of data relevant to the euro all at once. We have CPI, trade balance and ZEW economic sentiment indicator for the eurozone. But, the one we'll be focusing on here since it tends to have a lot of… Read More

Tomorrow is a very big day for the euro according to the economic calendar. There's plenty of data on tap that could potentially move the currency. Arguably the most important figure is the German quarterly GDP. This is because it is… Read More

The German economic sentiment index, a survey from the ZEW economic institute is due for release today. Economists forecast that the sentiment could continue its uptrend. After rising 3.1 in April, the forward-looking sentiment index is… Read More

The week ahead is expected to be somewhat slower as far as economic reports are concerned. The major economic events over the week will focus on the labor market reports from Australia and the UK. The ongoing trade war tussle between the… Read More

This Sunday the 28th, the Spanish are going to the polls again, with one of the first major elections scheduled in Europe for the spring. The result of the election is not all that connected to the EU. And we don't expect it to have much… Read More

German Institutions More Confident Than Before  The ZEW independent institute will be releasing Germany's economic sentiment today. The indicator is projected to cross above the zero barrier. This comes after a depressing period of 12… Read More

Many traders got to their desks at the start of the week with a pleasant surprise from Chinese data. Not only did the PMIs beat expectations, but they popped back up into expansion territory. This means they successfully ended a… Read More

Speaking at European Parliament yesterday, Mario Draghi, the head of the ECB, told MEPs that although the eurozone is facing growing downside risks, the central bank does not feel that further monetary support is required. Draghi’s… Read More