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Posted 09/12/2022

European Central Bank Poised to Hike Rate by 50bps as Bloc Enters Recession

A Reuters poll revealed that the European Central Bank is likely to raise its...

Posted 30/11/2022

Eurozone Inflation Remains High at 10% in November

Inflation in the eurozone rose 10% in November, slightly below a 10.6% growth in...

Posted 30/11/2022

European Gas Prices Soar to 6-Week High as Weather Tends to Drop Further

European gas prices saw an uptick once again, rising to nearly six-week high on...

Posted 23/11/2022

US and Europe Could Cut Dependence on China’s EV Batteries with $160 Billion Capital Spending

Goldman Sachs said that the United States and Europe could cut their dependence on...

Posted 17/11/2022

ECB May Slow Down Rate Hikes with Only a 50-bps Increase

The European Central Bank (ECB) is reportedly considering slowing down interest-rate hiking with only...

Posted 11/11/2022

EU Cuts Growth Projection for 2023, Expects Inflation in Eurozone to Reach 6.1% Next Year

The European Commission on Friday cut the GDP growth forecast for 2023 and expects...

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