Tag : European Central Bank

Business

Global markets face disruption amid $17.3 trillion oil shock warning

basrahdaily.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Business

Euro zone economic sentiment weakens amid consumer confidence drop

basrahdaily.com
European markets fell Wednesday after EU economic sentiment data showed declines, raising growth concerns. Shell shares dropped 2.2% following lower LNG and chemicals forecasts....
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European stocks decline as bond yields rise amid policy uncertainty

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European stocks dropped as bond yields rose, with STOXX 600 down 0.3% amid inflation fears, policy uncertainty, and rate hike concerns as traders await ECB...
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Germany’s economic activity sees persistent decline amid weak manufacturing

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Germany’s economic contraction extended into December, marking six straight months of decline as weak manufacturing output offset modest stability in the services sector....
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UK inflation rises to 2.6% in November as energy costs increase

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UK inflation rose to 2.6% in November, reflecting rising energy costs and wage pressures, according to the ONS. Core inflation also rose to 3.5%, underscoring...
Business

ECB lowers deposit rate to 3.5% as inflation nears target

basrahdaily.com
European Central Bank lowers key rate to 3.5% as it aims to counter slowing economic momentum and maintain inflation near the target level in challenging...