The head of Germany's central bank has said that higher interest rates in the eurozone are "required"

The head of the German central bank, the Bundesbank, stated on Saturday that higher interest rates are required in the eurozone, whose central bank has joined others around the world in boosting rates to calm prices.

Some European Central Bank officials believe that the instability of t...

In August, yearly inflation in the Eurozone reached a record 9.1%

With an increase in energy costs mostly resulting from Russia's conflict in Ukraine, the eurozone's inflation rate in August reached a new high of 9.1%.

According to the most recent statistics made public on Wednesday by the European Union statistics office Eurostat.

T...

EUROPEAN STOCK MARKET HAS OUTPERFORMED WORLD STOCKS IN SECOND HALF OF 2020

Highlights –

• Pan-European STOXX 600 has outperformed itself in the world stock market.
• The second half of 2020 shows European stocks put steady ground on Wall Street.
• The common currency has risen by 4%.
• Eurozone Flash Comp...

U.S Treasury Bonds reduced, Eurozone government bonds performed lower

U.S Treasury Bonds

The standard 10-year Treasury note, which moves inversely to the price, was reduced to 1.8528%, while the yield on the 30-year Treasury bond reduced at around 2.3188%.

Market sentiment is largely in agreement with geopolitical...

Favorable external environment benefitted Indian Economy in 2019

According to Singapore's DBS Banking Group, in 2019, the Indian Economy benefited from the favorable external environment following which the portfolio inflows into equity and debt touched a multi-year high. If this momentum sustains, it will bode well for the country's external balance.<...

Forex Currently In the middle of a trade mystery

On the last trading day of the week, ambiguous news on the US-China trade talks and a possible overnight settlement translated into an optimistic Asian trading atmosphere. Due to the lack of detail on trade trends and increasing uncertainty, the FX markets are left in a tizzy. Several majors then...

GERMANY TO ESCAPE STAGNATION BUT PROGRESSION REMAINS WEAK

Germany has narrowly sidestepped a technical stagnation but the progression remains weak.

Germany’s GDP strengthened by 0.1% in the third quarter, whipping anticipations of 0.1% decline. Meanwhile, data for the second quarter was reviewed up 0.1 percentage point to show a 0.2% dro...

BNY Mellon executive: US has more B2B open financial action than Eurozone

Laura McGortey, chief of key association arrangements at BNY Mellon, asserts that there is progressively open financial action in the US B2B installments space in contrast with the Eurozone, on the last day of AFP 2019 in Boston.

McGortey features that a transition of two-sided and vita...