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euro zone

Dollar stands tall as euro zone outlook darkens
Markets

Dollar stands tall as euro zone outlook darkens

  • Those concerns were amplified after retail sales in Germany, Europe's biggest economy, plunged by more than forecast in December, according to data on Monday.
  • Against the dollar, the euro was trading at $1.2078, just above an early December low of $1.2056 the day before.
Published 02 Feb, 2021 05:47pm
Euro zone November industrial production better than expected
Business & Finance

Euro zone November industrial production better than expected

  • The European Union's statistics office, Eurostat, said industrial output in the 19 countries sharing the euro rose 2.5% in November against October for a 0.6% year-on-year decline.
  • Industry continues to recover from the first wave, despite all of the second-wave problems that the economy is currently facing.
Published 13 Jan, 2021 06:24pm
Euro zone bond yields jump as risk-off mood grips markets
Markets

Euro zone bond yields jump as risk-off mood grips markets

  • The market trend shifted abruptly in Europe as Wall Street opened and expectations of a multi-trillion-dollar stimulus plan lifted US 10-year notes yields to 1.134%.
  • Germany's 10-year Bond yield reversed earlier falls and rose to -0.491%, its highest in two months.
Published 11 Jan, 2021 09:48pm