Euro zone governments saw record demand for bond sales in January, showing that investors are ready to cover unprecedented funding needs if paid the right price. Strong demand for the sales followed a surge in bond yields,
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates while others cut, with the European Central Bank seen certain to deliver the latest in a series of policy easings later in the day.
England and Bayern Munich midfielder Georgia Stanway faces a race to be fit for her country's Euro 2025 campaign after undergoing knee surgery on Wednesday.
The experiences gleaned from Greece, Spain and Portugal serve as a clear warning about what happens when a country adopts the common currency ill-prepared.
Pricing for short- and long-dated European and American options to buy Euros vs. U.S. dollars at a strike price of 1.0500 for quarterly maturities out to 20 years is shown below. Note that the data for US options is the lower bound on the fair value price.
Back home, Davorija and her teammates are trying to figure out how to keep this season going as long as possible.
Banks in the euro area tightened credit standards for companies by the most since 2023, according to the European Central Bank — dashing hopes for a quick recovery in corporate lending that could support investment.
(Reuters) - Thales Alenia Space, a joint venture between Thales and Leonardo, on Thursday announced a 862 million euro ($896.9 million) order from the European Space Agency for the development of the Argonaut lunar lander. The lander, designed for cargo delivery to the moon, is planned to be launched in the 2030s, the group said in a press release.
French consumer prices increased slightly less than anticipated in January, preliminary data from statistics agency INSEE showed on Friday. France's harmonized inflation rate, adjusted for comparison with other euro zone countries,
Retail Sales in Germany declined by 1.6% on a monthly basis in December, Destatis reported on Friday. This reading followed the 0.6% decrease recorded in November and came in worse than the market expectation for an increase of 0.2%. On a yearly basis, Retail Sales rose by 1.8%, falling short of analysts' estimate of 2.5%.
WASHINGTON - US President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.