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Sleeping giant awakens? Downside risks for euro grow

A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic metrics and a potential re-rating of the U.S. currency across the globe......»»

Category: topSource: reutersFeb 11th, 2020

Oil surges after Iran attacks U.S. forces in Iraq, WTI at around $65

Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration that could cut oil supplies......»»

Category: topSource: reutersJan 7th, 2020

Gold surges as investors assess Mideast risk; stocks fall

Gold prices shot to almost seven-year highs on Monday while yields on U.S. Treasury and euro zone government debt fell as escalating U.S.-Iranian tensions spurred demand for safe-haven assets......»»

Category: topSource: reutersJan 6th, 2020

UK: sterling surges on Johnson election hopes

Sterling hit 2-1/2-year highs versus the euro on Thursday, on growing confidence that next week's election will give the Conservative Party the parliamentary majority it needs to deliver Brexit. David Pollard reports......»»

Category: videoSource: reutersDec 5th, 2019

Austria"s AMS makes $4.8 billion counterbid for Germany"s Osram

Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle ......»»

Category: topSource: reutersSep 3rd, 2019

Downbeat U.S. earnings sour investor optimism; euro slides on soft data

U.S. stocks were mixed on Wednesday as a series of disappointing earnings reports damped investor optimism over the prospect of a new round of U.S.-China trade talks next week, while the euro dropped to a two-month low amid soft economic data......»»

Category: topSource: reutersJul 24th, 2019

Trade talks buoy stocks, gloomy data sink euro

Global shares held on to recent gains on Wednesday as the prospect of new China-U.S. trade talks drew a guarded welcome from investors, while dour data on euro zone economic activity hit the euro before a European Central Bank policy meeting......»»

Category: topSource: reutersJul 24th, 2019

Asia stocks stay judgment on trade talks, euro pressured

Asian shares crept higher on Wednesday as the prospect of fresh Sino-U.S. trade talks drew a guarded welcome, while the euro hit lows on a range of counterparts amid speculation the European Central Bank was near to easing policy......»»

Category: topSource: reutersJul 24th, 2019

Stocks rally on bets of Fed rate cuts; euro wobbles

Asian stocks advanced on Thursday, tracking solid gains on Wall Street as weak economic data in the United States bolstered the prospect of rate cuts by the Federal Reserve as soon as this month......»»

Category: topSource: reutersJul 4th, 2019

Stocks rally on expected Fed rate cuts; euro on defensive

Asian stocks advanced on Thursday, tracking solid gains on Wall Street as data pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve as soon as this month......»»

Category: topSource: reutersJul 4th, 2019

Stocks rally again on expected Fed rate cuts; euro on defensive

Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve......»»

Category: topSource: reutersJul 3rd, 2019

Merkel, Macron plot reform path: rocky road ahead?

The leaders of Germany and France met on Thursday to try to work out a common position on reforming the euro zone, a sensitive issue that is testing the new government in Berlin just a month after it took office. David Pollard reports......»»

Category: videoSource: reutersApr 19th, 2018

Euro Surges After ECB"s Nowotny Suggests 20Bps Rate HIke

After a relatively flat overnight session for the common currency, the EURUSD spiked as much as 50 pips higher after Reuters quoted ECB hawk Ewald Nowot.....»»

Category: blogSource: zerohedgeApr 10th, 2018

Risk appetite returns as euro, Bund yields rise, copper surges

LONDON (Reuters) - World stocks hit a three-week high on Thursday and the euro and German Bund yields also rose as investors priced in a potentially earlier-than-expected wind-down of stimulus from the European Central Bank......»»

Category: topSource: reutersJun 7th, 2018

Merkel, Macron back euro zone budget but challenges ahead

The leaders of Germany and France have agreed to create a budget for the euro zone and hailed a "new chapter" for the currency union. But, as David Pollard reports, many wonder how it will work in a bloc with such diverging interests......»»

Category: videoSource: reutersJun 20th, 2018

PMI: global services resilient against trade worries, for now

Business activity in the increasingly important service sector was up in China, Japan and the euro zone. But as David Pollard reports, the prospect of a trade war is having an impact on confidence in the outlook......»»

Category: videoSource: reutersJul 4th, 2018

Pound Surges After Barnier Says Brexit Deal "Realistic" In 6-8 Weeks

The British pound surged, the euro hit session highs and the dollar slumped following a comment from the EU's chief Brexit negotiator Michel Barn.....»»

Category: blogSource: zerohedgeSep 10th, 2018

Euro: USD/EUR (EUR=X) surges in early trade

Euro: USD/EUR (EUR=X) surges in early trade Renewed euro strength early on this morning suggests we may see another attempt by EUR/USD to break the $1.1660 area that stifl.....»»

Category: topSource: livetradingnewsSep 11th, 2018

France"s Macron unveils plan to combat poverty

French President Emmanuel Macron, often branded by critics as the president of the rich, has unveiled an 8 billion-euro ($9 billion) plan to tackle poverty......»»

Category: topSource: foxnewsSep 13th, 2018

Euro Surges As Draghi Forecasts "Significantly Stronger Core Inflation"

While the ECB indeed trimmed its GDP outlook for 2018 and 2019 as previewed previously, cuttin.....»»

Category: blogSource: zerohedgeSep 13th, 2018