Paris Olympics Boosts Eurozone Economy
Eurozone Economy Gets Olympics Boost But Industry Still Struggles
Eurozone’s recovery picked up a little pace due to a boost from the Paris Olympic Games, according to business surveys.Jointly, services and industry in the 20-member currency union booked a faster rate of increase in August,
Eurozone PMI Picks Up In August Amid Olympics Boost
Hopes of a fast recovery in the eurozone seem premature. The upbeat services sector in France bolstered the entire bloc’s performance, but manufacturing continues to be disappointing.
Paris Olympics boosts eurozone economic growth; UK business activity accelerates – business live
Rolling coverage of the latest economic and financial news. Best month of growth in French economy since March 2023 09:44 France’s economy is growing at its fastest pace since March 2023, as the Olympics Games boosts activity.
Eurozone wage growth slows, boosts case for another ECB cut
A KEY gauge of euro-zone wages eased – reinforcing the case for the European Central Bank to continue lowering interest rates next month. Read more at The Business Times.
Eurozone Gets Olympics Boost While U.K. Economy Gathers Pace -- 2nd Update
In the U.K., economic output rose at its fastest pace since April, with signs of dynamism in the labor market and renewed optimism among businesses for the months ahead. That is likely to reinforce a sense of caution among policy makers at the Bank of England as they mull when to follow up on their Aug. 1 rate cut.
Paris Olympics Boosts Eurozone Economy as French Service Sector Hits 17-Month High
The Paris Olympics has given the eurozone economy a significant boost, with spending from athletes and spectators pushing the French service sector to its highest monthly production level in 17 months.
Olympic boost: Tourism surge fuels Paris economic uplift during Olympics
As the Paris Olympics is done and the Paralympics is just around the corner....We're seeing the immediate benefits of the games on the French economy.
Eurozone Wage Growth Drops Drastically, Paving The Way For A September Cut
The eurozone wage growth drop will bring relief to those looking for a gradual cutting cycle. The 3.6% yoy negotiated wage ...
Live news: Eurozone wage growth slows sharply, strengthening case for ECB rate cut
Eurozone wage growth slowed sharply in the second quarter, fresh data shows, strengthening the case for the European Central ...
Eurozone Preliminary Manufacturing PMI eases to 45.6 in August vs. 45.8 expected
EUR/USD fluctuates at around 1.1150 in the European session on Thursday. Composite PMI in Germany dropped to 48.5 in August's ...
Eurozone Private Sector Growth Strengthens
The euro area private sector growth strengthened midway through the third quarter on solid increase in service sector activity, flash ...
Gulf Times1d
Eurozone wage growth slows, boosts case for another ECB rate cut
A key gauge of eurozone wages eased — reinforcing the case for the European Central Bank (ECB) to continue lowering interest ...
Wall Street Journal1d
Week Ahead for FX, Bonds: U.S. PCE Inflation, Eurozone CPI Data in Focus
Eurozone inflation figures and a rate decision in Hungary are due, while in Asia focus centers on end-of-month Japanese economic data, Australia’s latest inflation print, China PMIs and India’s ...
Business Insider1d
Eurozone Consumer Confidence Weakens For First Time In 7 Months
(RTTNews) - Consumer confidence in the euro area deteriorated for the first time since early this year, preliminary survey data from the European Commission showed Thursday. The flash consumer ...
EUR/JPY rises to near 162.00 due to record trade deficit in Japan, Eurozone PMI eyed
EUR/JPY breaks its three-day losing streak, trading around 162.00 during the Asian hours on Wednesday. This upside of the EUR ...