Eurozone inflation slows to 2.5%

Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Eurozone inflation fell to 2.5 percent in June, but policymakers remain concerned about strong increases in services prices, which are partly offsetting weaker growth in energy and fresh food prices. The figure for the year to … Read more

Eurozone annual inflation down to 2.5%

Overview Eurozone According to a flash estimate by Statistics Netherlands (CBS), annual inflation is expected to be 2.5% in June 2024, down from 2.6% in May. Eurostat, the statistical office of the European Union. Looking at the main components of inflation in the euro area, the services sector is expected to have the highest annual … Read more

Bulgaria and Romania fail economic tests to join the eurozone

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The eastern expansion of the European single currency has suffered a setback after Bulgaria and Romania failed to meet the economic criteria needed to adopt the euro. The decision announced by the European Central Bank … Read more

Interest rate cut by the ECB to revive the eurozone economy

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The euro zone will get a much-needed economic boost on Thursday, when the European Central Bank is expected to cut interest rates for the first time in almost five years. The size of the boost … Read more

Markets next week: Gold, EUR/USD, GBP/USD, USD/JPY; Eurozone inflation, US core PCE

Most read: EUR/USD Trade Setup – Bullish Continuation Depends on Breakout of Resistance The new week will start slowly as both the US and UK markets will be closed on Monday – the former for Memorial Day and the latter for a holiday. Holidays in these financial centers mean lower trading volume, potentially leading to … Read more