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At Close: Jun 03, 2026
EU ready to trigger crisis clause allowing fiscal stimulus - Bloomberg
12:46pm, Friday, 13'th Mar 2020
The European Union's vice president Validis Dombrovskis says the EU is ready to suspend fiscal rules if needed, Bloomberg News reports.The EU's goal is to make sure the region's companies "have th
Italy leads European bounce as policymakers walk Lagarde's words back
12:00pm, Friday, 13'th Mar 2020
Italy plunged 17% yesterday and its bond market more or less crashed after ECB head Christine Lagarde disavowed responsibility for the central bank to help that country out.She later went on TV to
The Eurozone's Coronavirus Problem - The Euro Is Rising
12:06am, Friday, 13'th Mar 2020
As we all know, the eurozone has a significant problem. Generally known as the design of the eurozone for it's a non-optimal currency area. However, there's a s
European Recession: In The Books
08:41pm, Thursday, 12'th Mar 2020
European economies have not been in the best of shape, and now, with the spread of the coronavirus, things have deteriorated even further. European leaders have
Historic losses for Europe after ECB underwhelms
05:37pm, Thursday, 12'th Mar 2020
The Stoxx 600 (NYSEARCA:FEZ) German Dax (NYSEARCA:EWG), and French CAC 40 (NYSEARCA:EWQ) all posted record percentage losses today, down 11.5%, 12.25%, and 12.3%, respectively.Italy (NYSEARCA:EWI)�
ECB's Lagarde calls for 'ambitious and coordinated fiscal policy response'
02:09pm, Thursday, 12'th Mar 2020
As it has before, the European Central Bank says more than monetary policy is needed to cope with risks to the euro area's economic outlook, especially now that Covid-19 threatens prospects of growth.
ECB takes action to boost liquidity, keeps rates unchanged
12:52pm, Thursday, 12'th Mar 2020
The European Central Bank says additional longer-term refinancing operations (LTROs) will be conducted, temporarily, to provide immediate liquidity support to the euro area financial system.The LTROs
Eurozone: Gauging Possible Supply Chain Disruptions From Covid-19
05:15am, Wednesday, 11'th Mar 2020
How much will the eurozone economy be impacted? Larger economies like Germany, Spain, France and the Netherlands have an exposure of around 0.8% to China. Small
ECB Preview: Honeymoon Is Over
06:28pm, Tuesday, 10'th Mar 2020
We expect the ECB to help improve European companies' access to credit. The ECB may double its net asset purchase programme to €40 billion per month over the ne
Ugly turn in Europe as 4% gain nearly wiped out
03:04pm, Tuesday, 10'th Mar 2020
The Stoxx 600 was up as much as 4% earlier in the session, but has been leaking oil for the last four hours. At current check, it's higher by just 0.8%.The U.K.'s FTSE and Germany's DAX are up more
Europe sheds 6.5% at midday; Italian yields soar
11:58am, Monday, 09'th Mar 2020
The worst-performing market is Italy with a loss of 10.1%. Others are down anywhere from 6.5%-7%. The Stoxx 500 is off 6.5%. All reads are fairly close to session lows.Italy, of course, has been ha
Brexit, Coronavirus And The End Of EU?
03:39pm, Sunday, 08'th Mar 2020
The EU and euro face a sudden deterioration in economic conditions due to the coronavirus, which seems certain to widen the differences between Germany and the
Eurozone: Just When Things Were Looking Up
01:25pm, Friday, 06'th Mar 2020
The eurozone economy started the year on a stronger footing. But the coronavirus disruption is likely to become a major drag that might only peter out in the co
What's Next For European Monetary Policy
07:14am, Friday, 06'th Mar 2020
The latest eurozone inflation figure for January was reported at 1.4%, well below the ECB's longstanding target inflation rate of 2%. It's important to remember
Credit Markets And The Coronavirus Threat
10:21am, Wednesday, 04'th Mar 2020
Some sectors are more exposed to coronavirus. If the Covid-19 fears continue, we are likely to see similar trends. The leveraged loan price index has fallen fro
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