ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts
ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.
ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts
ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.
Progress
36% Bias Score
EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025
On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.
EU Approves France's Revised Budget, Projecting 5.4% Deficit in 2025
On January 20th, the European Commission approved France's revised budget, projecting a 5.4% deficit in 2025 but maintaining the goal of a deficit below 3% by 2029; this follows a government change and aims to address France's high debt.
Progress
48% Bias Score
EU Suspends Deficit Procedure Against France
The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.
EU Suspends Deficit Procedure Against France
The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.
Progress
40% Bias Score
Germany's Economic Stagnation Amidst US Trade Threats
Germany's economy faces a potential crisis due to US trade conflicts and internal structural problems, with slow growth and a high savings rate despite decreased inflation. The 2024 GDP shrank while the rest of the Eurozone grew.
Germany's Economic Stagnation Amidst US Trade Threats
Germany's economy faces a potential crisis due to US trade conflicts and internal structural problems, with slow growth and a high savings rate despite decreased inflation. The 2024 GDP shrank while the rest of the Eurozone grew.
Progress
44% Bias Score
Global Economic Indicators Set to Shape Market Trends This Week
From January 13th to 17th, key economic data releases from Japan, the Eurozone, Canada, and the US will impact global markets. Indicators such as US CPI, PPI, retail sales, and housing starts, alongside numerous other metrics from various countries, will heavily influence investor decisions and broa...
Global Economic Indicators Set to Shape Market Trends This Week
From January 13th to 17th, key economic data releases from Japan, the Eurozone, Canada, and the US will impact global markets. Indicators such as US CPI, PPI, retail sales, and housing starts, alongside numerous other metrics from various countries, will heavily influence investor decisions and broa...
Progress
12% Bias Score
High Eurozone Savings Hamper Economic Recovery
Eurozone households saved 15.7% of their disposable income in Q2 2024, significantly higher than pre-pandemic levels (12-13%), hindering consumption and economic growth due to inflation's impact on wealth and uncertainty from the Ukraine war.
High Eurozone Savings Hamper Economic Recovery
Eurozone households saved 15.7% of their disposable income in Q2 2024, significantly higher than pre-pandemic levels (12-13%), hindering consumption and economic growth due to inflation's impact on wealth and uncertainty from the Ukraine war.
Progress
36% Bias Score
Trump's Economic Policies to Diverge US and Eurozone Monetary Policy
Donald Trump's second term begins with an economic agenda including trade tariffs, tax cuts, and immigration restrictions, potentially impacting global growth, inflation, and interest rates, with the Eurozone's ECB likely to continue interest rate cuts while the US Fed may maintain or even increase ...
Trump's Economic Policies to Diverge US and Eurozone Monetary Policy
Donald Trump's second term begins with an economic agenda including trade tariffs, tax cuts, and immigration restrictions, potentially impacting global growth, inflation, and interest rates, with the Eurozone's ECB likely to continue interest rate cuts while the US Fed may maintain or even increase ...
Progress
32% Bias Score
Borissov's New Role: Ensuring Stability for Bulgaria's Fragile Coalition
Bulgaria's ruling coalition, comprising GERB-SDS, BSP, ITN, and DPS, relies on GERB leader Boyko Borissov to ensure parliamentary stability, a unique role given other party leaders' executive branch positions; upcoming key appointments to regulatory bodies and the judiciary will be a crucial test.
Borissov's New Role: Ensuring Stability for Bulgaria's Fragile Coalition
Bulgaria's ruling coalition, comprising GERB-SDS, BSP, ITN, and DPS, relies on GERB leader Boyko Borissov to ensure parliamentary stability, a unique role given other party leaders' executive branch positions; upcoming key appointments to regulatory bodies and the judiciary will be a crucial test.
Progress
36% Bias Score
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
Progress
24% Bias Score
Energy Prices Surge Amidst Sanctions and Increased Demand
Increased energy demand and renewed US sanctions against Russia caused a surge in crude oil and natural gas prices in January 2025, reaching levels not seen since late 2022 and August 2024 respectively, posing significant risks to the Eurozone economy.
Energy Prices Surge Amidst Sanctions and Increased Demand
Increased energy demand and renewed US sanctions against Russia caused a surge in crude oil and natural gas prices in January 2025, reaching levels not seen since late 2022 and August 2024 respectively, posing significant risks to the Eurozone economy.
Progress
40% Bias Score
Spain's Debt Sheds 'Peripheral' Label Amidst European Volatility
Spain's risk premium has fallen from 99 to 65 basis points due to strong economic performance and fiscal responsibility, defying market turbulence in other European countries.
Spain's Debt Sheds 'Peripheral' Label Amidst European Volatility
Spain's risk premium has fallen from 99 to 65 basis points due to strong economic performance and fiscal responsibility, defying market turbulence in other European countries.
Progress
48% Bias Score
Free Instant Euro Transfers, but Soaring Banking Fees
Starting January 9th, 2025, instant eurozone bank transfers are free, but overall banking fees are rising over 5 percent, exceeding inflation, with basic service fees rising 8 percent, impacting consumers differently depending on their banking package.
Free Instant Euro Transfers, but Soaring Banking Fees
Starting January 9th, 2025, instant eurozone bank transfers are free, but overall banking fees are rising over 5 percent, exceeding inflation, with basic service fees rising 8 percent, impacting consumers differently depending on their banking package.
Progress
36% Bias Score