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Spain services growth accelerates despite cost surge, PMI shows

Spain services growth accelerates despite cost surge, PMI shows

Oct 5 (Reuters) - The expansion in Spain's service sector picked up pace in September as increased demand lifted activity despite a surge in operating expenses, a business survey showed on Monday.
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Euro zone inflation surges, keeping pressure on ECB to hike

Euro zone inflation surges, keeping pressure on ECB to hike

FRANKFURT, Oct 2 (Reuters) - Euro zone inflation surged more than expected in September and is likely to increase further in the coming months on soaring energy costs, keeping pressure on the European Central Bank to raise interest rates even higher.
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Euro zone inflation surges more than expected, keeping pressure on ECB to hike rates

Euro zone inflation surges more than expected, keeping pressure on ECB to hike rates

By Balazs Koranyi FRANKFURT, Oct 2 (Reuters) - Euro zone inflation surged more than expected in September and is likely to increase further in the coming months on soaring energy costs, keeping pressure on the European Central Bank to raise interest rates and governments to help struggling consumers
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Five French market hot spots on investors' radars

Five French market hot spots on investors' radars

By Amanda Cooper, Harry Robertson and Niket Nishant LONDON, Oct 2 (Reuters) - French markets are under growing pressure from mounting worries about high debt levels and political gridlock as next year's presidential election nears.
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European shares rebound after bond rout, inflation fuels rate worries

European shares rebound after bond rout, inflation fuels rate worries

By Sudeshna Ghoshal Oct 2 (Reuters) - European stocks rebounded on Friday after a sharp selloff driven by a bond market rout, while investors parsed inflation data for fresh clues on monetary policy.
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ECB's Rehn says soaring yields may curb inflation impact of expensive energy

ECB's Rehn says soaring yields may curb inflation impact of expensive energy

FRANKFURT, Oct 2 (Reuters) - Energy prices are approaching the European Central Bank's "adverse" scenario, but soaring long-term borrowing costs limit just how much of this inflation can be transmitted through to the broader economy, Finnish central bank chief Olli Rehn said on Friday.
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Germany may grow twice as fast this year as earlier thought, Bundesbank says

Germany may grow twice as fast this year as earlier thought, Bundesbank says

FRANKFURT, Oct 2 (Reuters) - The German economy could grow around 1% this year — roughly twice as fast as the most recent projections — driven by robust export demand and government investment, Bundesbank President Joachim Nagel said on Friday.
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Dollar set for fourth weekly gain versus euro

Dollar set for fourth weekly gain versus euro

By Chibuike Oguh NEW YORK, Oct 2 (Reuters) - The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will maintain its hawkish interest rate
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Global shares rise as bond selloff eases before US jobs

Global shares rise as bond selloff eases before US jobs

By Samuel Indyk and Stella Qiu LONDON, Oct 2 (Reuters) - Global shares rose on Friday as wild volatility in bond and currency markets eased ahead of key US jobs data that could shape expectations for the Federal Reserve's next policy move. 
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Dollar heads for fourth straight weekly gain versus euro

Dollar heads for fourth straight weekly gain versus euro

By Chibuike Oguh NEW YORK, Oct 2 (Reuters) - The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will maintain its hawkish interest rate
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Stocks climb after weak US jobs data, but bonds resume selling

Stocks climb after weak US jobs data, but bonds resume selling

By Caroline Valetkevitch and Samuel Indyk NEW YORK/LONDON, Oct 2 (Reuters) - Major stock indexes rose and the dollar fell on Friday as expectations for a Federal Reserve interest rate hike later this month fell after softer-than-forecast US jobs data.  
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Global shares gain, bonds supported as oil drops ahead of US jobs data

Global shares gain, bonds supported as oil drops ahead of US jobs data

By Samuel Indyk and Stella Qiu LONDON, Oct 2 (Reuters) - Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell ahead of key US jobs data that could shape expectations for the Federal Reserve's next policy move.