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By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds' bearish view on the dollar is evaporating fast and at the current pace of buying they will be outright bullish by the end of the month. ...
By Giuseppe Fonte ROME (Reuters) - The European Commission on Monday cut its forecasts for the Italian economy this year and next, following a slew of weak data which limits Prime Minister Giorgia...
BERLIN (Reuters) - The German economy is expected to contract in 2023, the European Commision said on Monday, cutting its forecasts for the euro zone's biggest economy. Germany's gross domestic...
In a move to transform its payment systems, banking giant JPMorgan Chase (NYSE:JPM) is reportedly considering the use of a blockchain-based digital deposit token. The aim is to expedite cross-border...
Investing.com - European stock markets edged higher Friday, as investors digested better than expected French industrial production data at the end of a difficult week. At 03:40 ET (07:40 GMT), the...
(Reuters) - Citigroup (NYSE:C) downgraded its 2023 economic growth forecast for the euro area to 0.4%, and said it expected the region's economy to shrink "gently" over the next three quarters. The...
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar gained on Thursday after earlier pushing the yen to a 10-month low and driving the euro and sterling to their weakest levels in three...
Investing.com - European stock markets weakened Thursday, with sentiment hit by fresh signs of slowing growth, both locally and in China, as well as worries about future Federal Reserve tightening. At...
The U.S. dollar strengthened against major currencies on Thursday, September 07, 2023, as investors increased bets on further Federal Reserve policy tightening. The Bloomberg dollar index rose to a...
The European Central Bank (ECB) urged for an accelerated transition towards a net-zero economy in the euro area, citing the results of its second economy-wide climate stress test. ECB Vice-President...
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