Explore

Reuters Reuters
ECB to raise rates in June on war-driven inflation but path beyond unclear: Reuters poll

ECB to raise rates in June on war-driven inflation but path beyond unclear: Reuters poll

By Indradip Ghosh BENGALURU, April 23 (Reuters) - The European Central Bank will hold its deposit rate on April 30 but hike it in June, according to just over half of economists polled by Reuters, in a bid to protect a war-fuelled energy shock from knocking the euro zone economy off balance.
Reuters Reuters
A fragile hold: Five questions for the ECB

A fragile hold: Five questions for the ECB

By Yoruk Bahceli and Stefano Rebaudo LONDON, April 24 (Reuters) - The European Central Bank meets next Thursday, with an Iran war ceasefire easing the pressure on it for an immediate interest rate hike.
Reuters Reuters
Up, or down? War scrambles financial markets' signalling efforts

Up, or down? War scrambles financial markets' signalling efforts

By Amanda Cooper LONDON, April 24 (Reuters) - The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together strategies to trade the road to resolution with a faulty instrument panel.
Reuters Reuters
Factbox-Key ECB policymaker comments in run up to April 30 meeting

Factbox-Key ECB policymaker comments in run up to April 30 meeting

FRANKFURT, April 24 (Reuters) - The following are key comments from European Central Bank policymakers in the run-up to the April 30 meeting. Markets see rates remaining unchanged this time but expect the ECB to signal that rate hikes will stay on the cards given an energy-driven inflation surge.
Reuters Reuters
EU touts temporary energy subsidies, but costs risk ballooning

EU touts temporary energy subsidies, but costs risk ballooning

By Kate Abnett and Jan Strupczewski BRUSSELS, April 23 (Reuters) - When the European Union outlines looser state aid rules next week to help governments cushion the blow from energy prices driven higher by the Iran war, it will pitch targeted measures aimed at avoiding further strain on fragile
Reuters Reuters
French economic activity contracted at fastest pace in 14 months, survey shows

French economic activity contracted at fastest pace in 14 months, survey shows

PARIS, April 23 (Reuters) - Business activity in France's private sector contracted at its fastest pace in 14 months as a downturn in the services sector amid the Iran war outweighed stronger factory output growth, a preliminary survey from S&P Global showed on Thursday.
Reuters Reuters
Iran war impact seeps ever deeper into global economy

Iran war impact seeps ever deeper into global economy

By Jonathan Cable and Kaori Kaneko LONDON/TOKYO, April 23 (Reuters) - The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war as factories grapple with soaring production costs and activity weakens even in services sectors, major surveys showed on
Reuters Reuters
French consumer confidence falls sharply in April as war takes toll on economy

French consumer confidence falls sharply in April as war takes toll on economy

April 24 (Reuters) - French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday.
Reuters Reuters
Morning Bid: How much risk can markets swallow?

Morning Bid: How much risk can markets swallow?

A look at the day ahead in European and global markets from Rae Wee It's hard to pop the champagne when you're constantly looking over your shoulder.
Reuters Reuters
South African inflation nudges higher ahead of expected April surge

South African inflation nudges higher ahead of expected April surge

By Sfundo Parakozov JOHANNESBURG, April 22 (Reuters) - South Africa's headline consumer inflation edged up as expected last month, but analysts said the increase would be far larger in April when fuel price hikes triggered by the U.S.-Israeli war on Iran have filtered through into consumer prices.
Reuters Reuters
German economy likely grew in Q1 but Iran war weighs on outlook, Bundesbank says

German economy likely grew in Q1 but Iran war weighs on outlook, Bundesbank says

FRANKFURT, April 22 (Reuters) - The German economy grew at a modest pace in the first quarter on healthy industrial and services output but higher energy prices and the uncertainty over the Iran war will likely weigh on the current quarter, the Bundesbank said on Wednesday.
AP News AP News
Macron to press Lebanon ceasefire and sovereignty in Paris talks

Macron to press Lebanon ceasefire and sovereignty in Paris talks

French President Emmanuel Macron is to reaffirm France’s commitment to the ceasefire in Lebanon and support for the country's territorial integrity