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German Economic Advisers Cut 2024 Growth Forecast to 0.2%
US News & World Report· 18 hours agoChancellor Olaf Scholz lamented the lower GDP forecast for the year during a speech to the German Chambers of Industry and Commerce. "The German economy has faced unprecedented ...
German economic advisers cut 2024 growth forecast to 0.2%
Reuters via Yahoo Finance· 19 hours agoThe panel expects 0.2% gross domestic product growth this year, cutting its autumn forecast of 0.7% growth, their forecast showed on Wednesday, as reported by Reuters on Tuesday. The German ...
Euro zone bond yields rise after US producer price data
Reuters via Yahoo Finance· 2 days agoThe PPI figures "raise the risks that inflation, at least in the U.S., could remain sticky and delay any rate cuts from the Fed," said Jefferies chief economist Europe Mohit Kumar. Germany's ...
Euro zone bond yields rise after US producer price data
Reuters via Yahoo Finance· 2 days agoGermany's 10-year bond yield touched a near two-week high on Tuesday after data showed U.S. factory prices rose by more than forecast last month, denting hopes of a summer rate cut from the ...
Euro zone bond yields rise as markets await Bank of England
Reuters via Yahoo Finance· 7 days agoGermany's 10-year bond yield, the benchmark for the euro zone bloc, rose 4 basis point to 2.5%. The German 10-year yield had fallen for four straight sessions ...
Euro zone bond yields struggle for direction, U.S. data in focus
Reuters via Yahoo Finance· 3 days agoInvestors will focus on April's U.S. Producer Price Index (PPI), to be released on Tuesday, and the Consumer Price Index (CPI) and retail sales data on Wednesday. Germany's 10-year government ...
Euro zone bond yields struggle for direction, U.S. data in focus
Reuters via Yahoo Finance· 3 days agoProducer Price Index (PPI), to be released on Tuesday, and the Consumer Price Index (CPI) and retail sales data on Wednesday. Germany’s 10-year government bond yields, the bloc’s benchmark, ...
Global stocks rally, Europe at record highs, dollar gains
Reuters via Yahoo Finance· 6 days agoU.S. equity markets took comfort from earning season as corporate results in aggregate beat...
UPDATE 2-Euro zone government bond yields rise after BoE decision, US data
Reuters via Yahoo Finance· 7 days agoEuro zone government bond yields rose for a second consecutive day on Thursday, retracing some of the recent fall spurred by last week's weaker-than-expected ...
Italy cuts Eni stake, raises 1.4 bln euros
Reuters· 3 hours agoItaly's Treasury sold a 2.8% stake in energy group Eni on Wednesday, pocketing around 1.4 billion euros ($1.52 billion) in its drive to raise cash to...