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Showing 1231 - 1240 of 1260 results for "Eurozone"

Daily economic update

... sharply against the dollar. This might be the ECB's aim - to reduce the euro's strength -- in order to help sustain the Eurozone's still export=dependent economy. Bottomline; While more rate hikes are still expected, the timing is now uncertain. The ...

Daily economic update

... sales (see above) and rising home inventories could temper its contribution in the succeeding quarters. Meanwhile, the Eurozone purchasing managers index (PMI) increased to 56.1 in March - the highest since September 2000 -- from 54.5 in the previous ...

Daily economic update

... per cent and 2.8 per cent growth achieved by the US and Japan, respectively, over the same period but better than the Eurozone's 1.3 per cent growth rate. The GDP report gives credence to the Bank of England's (BoE) assessment of a 'remarkably benign' ...

Daily economic update

... month. The latest report is consistent with market views for slower pace of US economic growth later this year. In the Eurozone, European Central Bank (ECB) chief economist Otmar Issing warned that there is a large amount of liquidity available to the ...

Daily economic update

... cent. The question is will the ECB hike rates further with domestic spending still weak? Recent reports showed that the Eurozone retail sales index fell to 49.6 in February - the lowest level since June - from 49.7 the previous month. Near record high ...

Daily economic update

... However, all things being equal, higher interest would lead to an appreciation of the euro currency and undermine the Eurozone's main engine of growth - exports - by reducing the region's competitiveness. Weaker export demand could short circuit economic ...

Daily Economic Update

... previous quarter. This is lower than the US economy's 3.2 per cent annual growth and Japan's 4.5 per cent pace but above the Eurozone's 1.7 per cent.

Daily economic update

... groundwork for an eventual rise in interest rates. ECB council member Nicholas Garganas stated that he believes growth in the Eurozone will increase but so will the risk of inflation. Garganas added that consumer price growth will not go below 2.0 per ...

Daily economic update

... backlog of orders, export orders and imports. A similar report out of Europe also provided positive indications. The Eurozone Purchasing Managers Index (PMI) slipped to 53.5 in January from 56.6 in the previous month - marking the seventh consecutive ...

Daily economic update

... target for an 11th month in December. However, higher interest rates and an appreciating euro increase the risk that Eurozone growth momentum would again falter. The run of good news continues in Japan with the country's index of leading indicators rising ...