Analysis: The Rise In Gas Prices Has Caused Inflation Fears For European Markets.
Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to…
Category: Europe
Rouble Steadies Near 60 Vs Dollar, Stocks Down.
The rouble eased but still traded near 60 against the dollar as it retained some support from month-end tax payments…
Swiss Gold Exports To China Surge To 5-1/2-Year High.
Swiss exports of gold to China in July rose to their highest since December 2016, Swiss customs data showed on…
EUROPE POWER Rising German Solar Supply Weighs On Spot Prices.
European spot power prices fell as German solar supply is seen rising; while French nuclear availability increased. German baseload power…
Russian Stocks Rise As The Rouble Reaches A One-Week High Against The Euro.
The Russian rouble strengthened to a one-week high against the euro, boosted by upcoming tax payments; that usually boost demand…
Rouble Weakens Towards 62 vs Dollar, tocks up.
The rouble weakened towards 62 to the U.S. dollar, pressured by falling oil prices but supported by looming taxes; that…
Russia Says ‘No Need’ To Use Nuclear Weapons In Ukraine.
Russia has “no need” to use nuclear weapons in Ukraine, its defence minister said; describing media speculation that Moscow might…
EU To Stand Firm In Clash With Poland Over Cash, Officials Say.
Brussels is unlikely to back down on its demand that Poland respect the rule of law to receive post-pandemic recovery…
European Shares Dip As U.S. Inflation Data Looms; Ahold Jumps.
European shares edged lower on Wednesday on losses in technology stocks ahead of key inflation data from the United States,…
German Economy To Lose $265 Bln In Added Value Due To War, High Energy Prices-Study.
Germany’s economy will lose more than 260 billion euros ($265 billion) in added value by 2030; due to the Ukraine…
Exclusive: Bank of England Will Probably Need To Raise Rates Again, Ramsden Says.
The Bank of England will probably have to raise interest ratesto tackle inflation pressures; that are gaining a foothold in…
Japanese Investors Were Big Buyers Of Foreign Equities In July.
Japanese investors purchased heavily in foreign equities in July, as global stocks rebounded last month on the back of positive…
Futures Steady After Rally With All Eyes On Labor Market Data.
U.S. stock index futures were trading flat on after a rally that made the previous session the best in a…
Dollar Dips As Investors Parse Fed Hints On Rate Hikes.
The U.S. dollar edged lower but held on to most of the previous day’s gains, after leaping on Federal Reserve…
UK Inflation Expectations Fall Again As BoE Nears Rates Decision.
The British public’s expectations for inflation fell again in July, a survey showed, potentially adding to the case; for the…
Amazon To Raise Prime Prices In Europe As Retailer Wrestles With Costs.
Amazon.com Inc (AMZN.O) will raise fees for its delivery and streaming service Prime in Europe by up to 43% a year, the…
Britain’s M&S Seeks Food Supply Chain Control With $173-Mln Gist Buyout.
British retailer Marks and Spencer (MKS.L) said it would acquire its key logistics services provider Gist Ltd for 145 million…
Hungary Blocks EU Deal On 15% Minimum Corporate Tax
Hungary has blocked an EU directive that would impose a 15% minimum tax on multinational corporations, arguing the levy would deal…
Telecom Italia Shares, Bonds Drop After Moody’s Credit Rating Cut.
Telecom Italia (TLIT.MI) shares and bonds fell after ratings agency Moody’s downgraded the phone group’s credit rating. Moody’s cut TIM’s…
Crypto.com, Trade Republic Register For Crypto Services In Italy.
Singapore-based Crypto.com and German investment platform Trade Republic on Tuesday said they had registered as cryptocurrency operators in Italy, following…