Euro Zone Archive
Taking into account seasonal factors, unemployment in the eurozone reached 9.7% in September this year, said the EU statistical agency Eurostat. Rate corresponds to analysts' forecasts. A month earlier, unemployment in the area of the single European c...
Index of confidence in the euro-zone economy (Euro-Zone Economic Confidence) for October was 86.2 points, reports the European Commission. Value index surpassed expectations of analysts projected an increase to 84.4 points. Recall that a month earlier ...
Today, one of six bank Moors BNP Paribas said that in 2009 the pound sterling could fall to parity with the euro. Today, steam EUR / GBP is trading at around 0.9070, up from 0.84 in mid-June. The jump came …
M3 euro area (an indicator of the money supply) amounted to 1,8% in September compared with 2.6% in the previous month. Analysts expected decline to 2,1%. Note that the monetary aggregate M3 includes the amount of cash currency in circulation, …
In August this year the current account deficit of balance of payments euro-zone seasonally adjusted amounted to 1.3 billion euros (equivalent to a deficit of 5.0 billion euros excluding seasonal and calendar factors), said the European Central Bank. P...
Eurozone trade deficit amounted to 4.0 billion euros in August this year compared with a surplus of 12.3 billion euros in the previous month, the EU statistical agency Eurostat. Note that in August last year the euro zone trade deficit …
Eurozone industrial production index for August rose by 0,9% in monthly terms, said the EU statistical agency Eurostat. Value was below the level projected by most analysts (1.2%). Nevertheless, the July index value revised upward - from -0.3% to 0.2%....
Index of Germany's ZEW economic sentiment for October was 56.0 points compared with 57.7 points a month earlier. The value was below analysts' forecasts, is expected to increase to 58.8 points. Nevertheless, the current level of the indicator is much …
The Euro may see near-term gains as Germany’s IFO Survey shows that business confidence in the Euro Zone’s largest economy rose for the third straight month to hit the highest level since May 2008, but sentiment may not be supportive …
Following two relatively peaceful trading days, today is filled with news publications from the major economies. Starting at 06:45 and until 09:00 (GMT) traders are advised to follow the news events from the Euro-Zone. Later on, the Crude Oil Inventori...
There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States. Yet, few fundamental events that are due out later today may indeed create a remarkable …
The US Dollar gained as stocks sold off in Asian trading on news that Japan’s third-largest consumer lender will suspend debt payments to its creditors, boosting demand for the safety-linked currency. German PPI, Euro Zone Current Account, and UK Pub...
The Swiss Franc may see volatility ahead as the Swiss National Bank gets set to make their quarterly monetary policy announcement, including an update on their policy of intervention into the currency market to prevent the appreciation of the currency....
The British Pound fell against the US Dollar in overnight trading ahead of a report that is set to show the unemployment rate hit a 12-year high of 5% in August. The Euro Zone Consumer Price Index and Swiss Retail …
The Dollar is likely to go volatile during and following the speech by President Obama today at 16:00 GMT. Meanwhile, forex traders are advised to take positions on trades, as a few of data releases coming out of Euro-Zone and …