Tag : European Central Bank

Business

Global markets face disruption amid $17.3 trillion oil shock warning

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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

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European markets turned lower on Wednesday following the release of preliminary data indicating a decline in economic sentiment across the euro zone in December. The...
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European stocks decline as bond yields rise amid policy uncertainty

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European stocks declined on Monday as persistent pressure from elevated government bond yields weighed on investor sentiment. The pan-European STOXX 600 index fell 0.3% by...
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Germany’s economic activity sees persistent decline amid weak manufacturing

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Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index...
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UK inflation rises to 2.6% in November as energy costs increase

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U.K. inflation rose to 2.6% in November, marking the second consecutive monthly increase, according to data released by the Office for National Statistics (ONS) on...
Business

ECB lowers deposit rate to 3.5% as inflation nears target

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MENA Newswire News Desk: In a move widely anticipated by economists, the European Central Bank (ECB) cut its key deposit rate by 25 basis points to...