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eurozone economy

Early 2021 growth could miss ECB forecasts: de Guindos

Early 2021 growth could miss ECB forecasts: de Guindos

  • Perhaps in the first months of this year, growth will be a little bit weaker than projected because of the containment measures taken by the different governments to deal with the third wave of the pandemic.
Published 05 Feb, 2021 07:45pm
Global markets buoyant as US stimulus debate approaches
Markets

Global markets buoyant as US stimulus debate approaches

  • MSCI world shares index up 0.4%.
  • GameStop's Frankfurt-listed shares down 36.5%.
  • Silver tumbles further from eight-year high.
  • Biden for negotiations with Republicans on stimulus.
  • Euro at seven-week lows on economic outlook.
Updated 02 Feb, 2021 07:34pm
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
Italian BTP yields jump on political uncertainty fears
Markets

Italian BTP yields jump on political uncertainty fears

  • Italy's 10-year bond yield was up 8.5 basis points at 0.629%, after hitting its highest since Dec. 2.
  • Some headlines are weighing heavily on Italian government bond prices. Market is worried about any development that could lead to a euro-sceptic policy in Italy.
Published 12 Jan, 2021 08:53pm
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