Explore

Factbox-Key ECB policymaker quotes in run-up to June 11 policy meeting

Factbox-Key ECB policymaker quotes in run-up to June 11 policy meeting

FRANKFURT, June 2 (Reuters) - The following are key quotes from European Central Bank policymakers in the run-up to the June 11 policy meeting. Financial markets have fully priced in a rate hike by July at the latest, while economists polled by Reuters see a move in June.

Euro zone inflation rises again, reinforcing case for ECB hike

Euro zone inflation rises again, reinforcing case for ECB hike

FRANKFURT, June 2 (Reuters) - Euro zone inflation accelerated further last month on higher energy and services costs, bolstering the already strong case for a small European Central Bank interest rate hike later this month, Eurostat data showed on Tuesday.

Analysis-Euro zone firms struggle to raise prices despite Iran war shock

Analysis-Euro zone firms struggle to raise prices despite Iran war shock

By Francesco Canepa and Rob Lang FRANKFURT, June 2 (Reuters) - Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis of listed corporate earnings commentary shows, suggesting a weak economy is curbing their pricing

Some signs point to larger inflation risk than in 2022, ECB blog argues

Some signs point to larger inflation risk than in 2022, ECB blog argues

FRANKFURT, June 3 (Reuters) - It is not a given that the current inflation shock facing the euro zone will be more benign than the 2022 episode, as some initial conditions flag larger inflationary risks, a blog post written by senior ECB economists argued on Wednesday.

Euro fails to nab big market share from dollar despite erratic US policy, report shows

Euro fails to nab big market share from dollar despite erratic US policy, report shows

FRANKFURT, June 2 (Reuters) - The global role of the euro currency hardly budged last year, disappointing some hopes that erratic economic policy in the United States could give it a big boost, as investors moved into gold and smaller currencies instead, an ECB report showed.

Trading Day: New high? Still a buy

Trading Day: New high? Still a buy

By Jamie McGeever ORLANDO, Florida, June 2 (Reuters) - World stocks rose to fresh peaks again on Tuesday as no major change in U.S.-Iran tensions, together with a general calm across currency and bond markets, encouraged investors to keep buying.

European stocks dip on Mideast tensions, private market jitters

European stocks dip on Mideast tensions, private market jitters

By Johann M Cherian and Utkarsh Hathi June 3 (Reuters) - European shares slipped on Wednesday as renewed Middle East hostilities and signs of strain in private markets spooked investors, while Zara owner Inditex gained after reporting a strong start to the summer.

UniCredit says it met its goal in Commerzbank bid as stake reaches 34%

UniCredit says it met its goal in Commerzbank bid as stake reaches 34%

By Valentina Za MILAN, June 2 (Reuters) - Italian bank UniCredit has increased its direct stake in Commerzbank to 34.4%, it said on Tuesday, under the takeover bid it launched on May 5 amid widespread hostility in Germany.

ECB June hike a done deal, another likely in September, economists say: Reuters poll

ECB June hike a done deal, another likely in September, economists say: Reuters poll

By Indradip Ghosh BENGALURU, June 3 (Reuters) - The European Central Bank is set to raise its deposit rate to 2.25% on June 11, with another increase likely in September, as it balances energy-driven inflation against a weakening economy, a Reuters poll of economists showed.

Euro zone consumers take benign view on inflation surge, ECB survey shows

Euro zone consumers take benign view on inflation surge, ECB survey shows

FRANKFURT, June 1 (Reuters) - Euro zone consumers kept steady or lowered their inflation expectations in April, a hopeful sign for policymakers that crucial medium-term price bets are not signalling any oversized shift away from the target, an ECB survey showed on Monday.

Rising stablecoin use could cement dollar dominance, ECB's Schnabel says

Rising stablecoin use could cement dollar dominance, ECB's Schnabel says

FRANKFURT, June 1 (Reuters) - The increased use of stablecoins could reinforce the dollar's global dominance, undermine some nations' ability to set monetary policy and even diminish the role of the euro, European Central Bank board member Isabel Schnabel said on Monday.

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

LONDON, June 1 (Reuters) - Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their highest in four years, a survey showed on Monday.