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Fitch raises Cyprus’ credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline...
WTOP Washington· 1 day agoThe Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+. It cited the country’s heightened ability to withstand financial shocks, the government
Eurozone Economy Recovers On Household Spending, Trade
RTT News· 2 days agoGross domestic product grew 0.3 percent sequentially, reversing the 0.1 percent fall in the final quarter of 2003. Expenditure breakdown showed that household consumption advanced at a stable ...
Will the UK and US cut interest rates like Europe?
BBC via Yahoo Finance· 2 days ago"The eurozone economy is in a different place than the US," said Yael Selfin, chief economist at...more halting than the climb up. If central bankers cut...
ECB Cuts Interest Rates for First Time Since 2019
The Wall Street Journal· 3 days agoThe quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and...
ECB set to opt for first interest-rates cut since 2019, but then what?
The Forex Market· 3 days agoThe European Central Bank is set to cut interest rates by 25 bps on Thursday. ECB President...
Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Associated Press Finance via Yahoo Finance· 3 days agoThe European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of the...
ECB’s Kazimir believes that central bank is nearing its first interest rate cut
The Forex Market· 4 days agoEuropean Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on...
The dark side of Spain’s property boom
The Telegraph via Yahoo Finance· 2 days ago“Banks don’t want to lend to developers, you have to have very good numbers.” Tight supply and booming demand have contributed to a domestic housing...
EMEA Morning Briefing: Shares Set to Gain Ahead of ECB Decision
Morningstar· 4 days agoMARKET WRAPS Watch For: Services PMI data for eurozone, Germany, France, Italy, UK; EU PPI; France industrial production index; trading updates from Inditex, B&M European ...
North American Morning Briefing: Markets on Edge as Jobs Data Awaited
Morningstar· 2 days agoOPENING CALL It's Jobs Day May's readout, due at 8:30 a.m. ET, is expected to show signs of a modest labor market pick-up. A strong showing, which could suggest more spending ...