As euro zone growth plunges, Germany looks least awful
Germany seems to be weathering the economic storm better than most of the euro zone, but GDP figures everywhere in the region make grim reading. Julian Satterthwaite reports......»»
Euro zone ministers discuss fiscal boost options as virus worries weigh
Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic......»»
Euro zone to cautiously pave the way for more fiscal stimulus
Euro zone finance ministers are set to discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany's spending more amid fears of a downturn......»»
IMF cuts euro zone forecasts, as Germany slows
Growth in the euro zone and its biggest economy, Germany, is set to slow more than expected, according to the IMF. David Pollard reports......»»
Soft PMI data points to weak growth as trade headwinds bite
Soft PMI data in Japan, Germany and the euro zone point to major economies still feeling the headwinds of the Sino-U.S. trade war. Francis Maguire reports......»»
European markets bounce, euro dragged lower by weak business surveys
European stock markets rose on Friday after a volatile week in which company earnings and growth worries hit stocks, although the euro sank after weaker-than-expected business surveys from Germany and the euro zone......»»
German court puts euro zone stimulus plan in peril
The ECB's bond-buying programme could be in doubt after Germany's top court gave the central bank three months to prove the spending is justified. Julian Satterthwaite reports......»»
Was Germany Right to Hoard Its Money After All?
Fiscal hawks say Berlin’s balanced budget is why it has so much cash to splash around now. But that ignores Germany’s special role in the euro zone.  .....»»
Euro zone GDP slows as expected in fourth-quarter, but employment beats consensus
Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment growth picked up more than expected, official estimates showed on Friday......»»
Shrinking French economy adds to euro zone GDP growth miss
France's economy unexpectedly shrank in the fourth quarter, contributing to a weaker-than-expected outcome for the euro zone as a whole. Julian Satterthwaite reports......»»
PMI: euro zone growth stays weak, UK suffers
Euro zone business growth remained weak in December, according to the first readings of the key Purchasing Managers' Index survey. And British business, it suggested, was in its worst downturn in over three years. David Pollard reports......»»
Global PMIs: China services hits 7-month highs
Activity in China's services accelerated to a seven-month high in November, according to the latest PMI readings on the sector, but business growth in the euro zone was close to stagnant. David Pollard reports......»»
Euro zone business activity gloomy in November, scant hope for improvement
Euro zone business growth has almost ground to a halt this month as a downturn in the manufacturing industry appears to be increasingly affecting the bloc’s dominant services industry, a survey showed on Friday. Ciara Lee reports.....»»
"Simply Awful": German PMI Plunges To 7-Year Low As Manufacturing Recession Accelerates, Spreads To Services
"Simply Awful": German PMI Plunges To 7-Year Low As Manufacturing Recession Accelerates, Spreads To Services Weakness in euro-area manufacturing hit a climax this morning as German private sector activity plun.....»»
Deutsche Bahn sees big windfall from climate change package
Germany's Deutsche Bahn [DBN.UL] expects the government's 50 billion euro climate change package to generate the railway company's biggest growth spurt in its 180-year history, the state-owned firm's boss said on Sunday......»»
European shares steady on upbeat PMI data
European shares traded close to flat on Thursday as upbeat surveys on Germany and the euro zone offset signs that U.S. policymakers had not intended to start a cycle of interest rate cuts with last month's move. Francis Maguire reports......»»
Take Five: The devil"s in the data
Fears of a major downturn in euro zone powerhouse Germany grew this week following "scary" industrial output figures for June and reports due over the coming week that will hold those concerns up to the light......»»
Euro zone growth halves in spur for ECB
Euro zone economic growth halved in the second quarter and inflation slowed sharply in July, reinforcing market expectations that the European Central Bank will further ease monetary policy in September. David Pollard reports......»»
EUR/USD: Ready To Break Out
EUR/USD has been inching its way higher ahead of critical events. Euro-zone growth and inflation figures are set to decline and the US Fed is set to cut rates. Wednesday's four-hour technical chart is mixed for EUR/USD. read more.....»»
Euro zone business growth stalls, outlook darkens - PMI
Euro zone business growth was much weaker than expected this month, hurt by a deepening contraction in manufacturing. As David Pollard reports, surveys published on Wednesday suggest conditions will get worse......»»
Euro zone lowers 2020 GDP growth view to 1.4%, citing trade uncertainty
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»