Eurozone

Safe Haven Flows Support USD The headline move over the European morning on Thursday was the continued drive higher in USD. This has seen the USD index trading above 96.49 fresh highs as safe haven inflows have favored the US Dollar.… Read More

The latest business surveys, measuring activity in the manufacturing and services sector for the eurozone painted a mixed picture. The overall outlook, however, was one that gave hope of a revival in growth for the region. Last… Read More

Theresa May is holding an emergency cabinet meeting with ministers today as she continues her long struggle to secure a Brexit deal. As ever, the pressure is on for the beleaguered PM. Three pro-remain cabinet ministers have threatened… Read More

During a speech in Italy on Friday, ECB president Mario Draghi warned of the dangers of leaving the European Union. Draghi’s main message was that a country leaving the EU or the single currency would not necessarily find greater… Read More

The release of the ECB’s January meeting, yesterday, shed more light on concerns held by the bank. Acknowledging the severity of the recent downturn, the ECB said it will monitor "the extent to which the weaker growth momentum might turn… Read More

The U.S. Dollar extended the declines for the fourth consecutive session. The drops come ahead of the Fed minutes due today. The U.S and China trade talks resume ahead of the March deadline alongside discussions with the EU officials. On… Read More

For many, the start of the year has brought on a case of deja vu as Brexit, trade wars and the rise of right-wing European politics are once again the key themes dominating the headlines. On the latter, we have seen a significant… Read More

The Eurozone’s economy got off to a sluggish start in 2019. Latest forward-looking indicators showed as some of the Eurozone’s major economies have seen stagnating growth. Italy, Europe’s third-largest economy showed little signs of… Read More

As Theresa May continues to battle to deliver her Brexit vision, the impact of the ongoing struggle is becoming clear. GBP continued its slide against the US Dollar this morning as the latest PMI data sets for the UK came in below… Read More

The final 2018 growth figures for the Eurozone will have no doubt been a massive disappointment to the ECB. At just 0.2% quarter on quarter, hopes of a bounce back following weakness in Q3 were overly optimistic. Indeed, far from the 2.5%… Read More