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The dark side of Spain’s property boom
The Telegraph via Yahoo Finance· 1 day agoShe said: “The Spanish economy is doing well, unemployment is going down, tourism is booming. We’re in good shape compared to other places in Europe....
Eurozone Q1 GDP Growth Unrevised
RTT News· 1 day agoEuro area economy expanded as initially expected in the first quarter, underpinned by household consumption and exports, latest data from the statistical office Eurostat showed Friday.
European Economic News Preview: ECB Set To Cut Rates By 25 Bps
RTT News· 2 days agoThe European Central Bank is widely expected to cut its key interest rates on Thursday, ending the rate hiking cycle that began in mid-2022. At the governing council meeting in Frankfurt, policymakers ...
Eurozone Retail Sales Fall More Than Expected
RTT News· 2 days agoEurozone retail sales fell more than expected in May, data from Eurostat revealed Thursday. Retail sales posted a monthly fall of 0.5 percent in April, in contrast to the ...
Stronger Than Expected Jobs Data May Weigh On Wall Street
RTT News· 1 day agoThe Labor Department said non-farm payroll employment surged by 272,000 jobs in May after climbing by a downwardly revised 165,000 jobs in April. Economists had expected employment to increase ...
Forex Today: US Dollar struggles to find demand ahead of key jobs data
The Forex Market· 1 day agoHere is what you need to know on Friday, June 7: The US Dollar (USD) is having a tough time staying...
European Shares Positive On Hopes Of ECB Rate Cuts
RTT News· 2 days agoEuropean stocks were gaining in the mid-market trading on Thursday, following mostly positive Asian stock markets, as investors remain optimistic ahead of the European Central Bank's decision on key interest rates.
Traders May Take A Breather Following Yesterday's Rally As Jobs Data Looms
RTT News· 2 days agoTrepidation ahead of Friday's closely watched monthly jobs report may also keep some traders on the sidelines, as the data could have a significant impact on the outlook for interest rates.
ECB cuts key benchmark rates
The Forex Market· 2 days agoIn a move that echoes the Bank of Canada (BoC) yesterday, the European Central Bank (ECB) has cut all three key benchmark rates today, marking its first...
Bumper week of event risk ahead
The Forex Market· 6 days agoFeaturing two central bank updates – the Bank of Canada and the European Central Bank – a slew of job numbers out of the US and Aussie GDP growth data,...