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European Economic News


European Bonds Slide After Dovish Comments From ECB Member
European Economy |  Written by CEP News |  Apr 14 09 09:55 GMT | 
(CEP News) - European bonds are lower on Tuesday after commentary from a European central banker suggested that the ECB could continue stimulating the economy beyond May's rate decision.
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Correct: European Bonds Move Higher After Dovish Comments From ECB Member
European Economy |  Written by CEP News |  Apr 14 09 09:55 GMT | 
(CEP News) - European bonds are higher on Tuesday after commentary from a European central banker suggested that the ECB could continue stimulating the economy beyond May's rate decision.
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ECB Discussing Further Policy Initiatives As Deflation Risks Mount
European Economy |  Written by CEP News |  Apr 14 09 09:09 GMT | 
(CEP News) - As deflation risks continue to rise in the euro zone, the European Central Bank (ECB) will continue to discuss monetary policy measures including cutting money market rates further, longer term loans from the ECB and the possibility of asset purchases, according to Cypriot Central Banker Athanasios Orhpanides.
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French Current Account Deficit Contracts in February
European Economy |  Written by CEP News |  Apr 14 09 07:18 GMT | 
(CEP News) - The French current account deficit contracted to €2.2 billion in February versus a revised €2.5 billion level the month prior, according to a report from the Bank of France on Tuesday.
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The Day Ahead Europe: Light Tuesday Follows Long Holiday Weekend for Europe
European Economy |  Written by CEP News |  Apr 13 09 20:59 GMT | 
(CEP News) - Tuesday's economic data docket is bare with European markets reopening after the long holiday weekend.
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Euro Moves Higher against U.S. Dollar as European Markets Remain Closed
European Economy |  Written by CEP News |  Apr 13 09 12:14 GMT | 
(CEP News) - Currency markets are relatively quiet as European markets remain closed in recognition of the Easter Monday holiday.
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The Week Ahead Europe & UK: Markets to Focus on U.S. Due to Light Schedule
European Economy |  Written by CEP News |  Apr 09 09 21:51 GMT | 
(CEP News) The week ahead is on the light side for the UK and the euro zone, with many market participants admitting to looking towards the economic releases across the Atlantic to dictate market strategy.
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Trichet Predicts Recovery in 2010, Says ECB to Look at Non-Conventional Measures
European Economy |  Written by CEP News |  Apr 09 09 16:34 GMT | 
(CEP News) - European Central Bank (ECB) President Jean-Claude Trichet said Thursday that a global economic recovery could begin in 2010 and that he is confident there is a worldwide consensus on the correct path towards it.
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Trichet Predicts Economic Recovery in 2010, Says ECB to Look at Non-Conventional Measures
European Economy |  Written by CEP News |  Apr 09 09 16:34 GMT | 
(CEP News) - European Central Bank (ECB) President Jean-Claude Trichet said Thursday that a global economic recovery could begin in 2010 and that he is confident there is a worldwide consensus on the correct path towards it.
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BOE Maintains Status Quo, Leaves Rates at Record Low
European Economy |  Written by CEP News |  Apr 09 09 11:02 GMT | 
(CEP News) - The Bank of England maintained the status quo on Thursday, leaving its benchmark interest rate unchanged at the record low 0.50%, with no mention of additional quantitative easing strategies.
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German Industrial Production Declines Further in February
European Economy |  Written by CEP News |  Apr 09 09 10:05 GMT | 
(CEP News) - German industrial production continued to contract in February, according to a report from the German Federal Statistics Office (Destatis) on Thursday.
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ECB's Nowotny Says Rates Below 1.00% "Open For Dicussion"
European Economy |  Written by CEP News |  Apr 09 09 09:35 GMT | 
(CEP News) - The view that interest rates in the euro zone should go below the 1.00% mark is "open for discussion", but Austrian central bank governor Ewald Nowotny said he is personally against lowering rates below that threshold.
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UK PPI Shows Gains Across the Board in March
European Economy |  Written by CEP News |  Apr 09 09 08:51 GMT | 
(CEP News) - UK producer prices advanced across the board in March, according to a report from the Office for National Statistics on Thursday.
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UK Trade Deficit Narrows in February
European Economy |  Written by CEP News |  Apr 09 09 08:47 GMT | 
(CEP News) - Measures of the UK's trade activity in February showed a narrowing of the deficit, according to data from the ONS on Thursday.
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Italian Industrial Production Continued to Slide in February
European Economy |  Written by CEP News |  Apr 09 09 08:22 GMT | 
(CEP News) - Industrial production in Italy continued to suffer in February, according to a report from local statistics authorities on Thursday.
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ECB's Bonello Says Governing Council Discussing Alternative Tools
European Economy |  Written by CEP News |  Apr 09 09 08:18 GMT | 
(CEP News) - The European Central Bank is discussing alternative monetary policy tools that it may unveil in May, Maltese central bank governor Michael Bonello said.
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ECB Says Inflation Declining, but Expectations Firmly Anchored
European Economy |  Written by CEP News |  Apr 09 09 08:13 GMT | 
(CEP News) - There is evidence of a broad-based decline in inflation pressures in the euro zone, but expectations remain firmly anchored, according to the ECB's monthly report released on Thursday.
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ECB's Trichet Calls on G20 to Honour Commitments as Quickly as Possible
European Economy |  Written by CEP News |  Apr 09 09 08:08 GMT | 
(CEP News) - The G20's measures must be implemented as soon as possible in order to avoid further deterioration in economic conditions, European Central Bank President Jean-Claude Trichet said in an interview with Italian newspaper Il Sole 24 ORE on Thursday.
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German Inflation Rates Confirmed to Have Fallen to Lowest Levels in 10 Years
European Economy |  Written by CEP News |  Apr 09 09 06:15 GMT | 
(CEP News) - German inflation was confirmed to have fallen to its lowest level in nearly 10 years in March, according to a report from the German statistics authority Destatis on Thursday.
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UK Preview: British Pound and Gilts Stand to Move If BOE Tweaks QE Policy (Repeat)
European Economy |  Written by CEP News |  Apr 08 09 21:33 GMT | 
(CEP News) - With UK interest rates at historically low levels and the Bank of England in "quantitative easing" mode, market participants fully expect the central bank to leave its benchmark interest rate rate unchanged on Thursday, with an outside chance that the Monetary Policy Committee will tweak its asset purchase operations.
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