Economy
ECB's Schnabel advocates gradual cuts, flags Trump's trade risks
Interest rates are nearing neutral territory, ECB's Isabel Schnabel has said, backing gradual cuts amid persistent inflation. She highlighted risks from Donald Trump’s trade policies, noting potential economic shocks for Europe as tariffs loom over export-heavy economies.
Economy
Eurozone business activity contracts: Euro tumbles to 2-year lows
Eurozone business activity fell sharply in November, with services joining manufacturing in contraction. The Composite PMI hit 48.1, signalling the steepest decline since January. The euro and bond yields weakened, while equities turned red, with banks witnessing sharp declines.
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Business
BBVA-Sabadell merger: Can new commitments ease antitrust fears?
BBVA has pledged key measures, including branch retention and SME credit guarantees, to ease antitrust concerns over its merger with Sabadell. While regulators cite risks to competition and rural access, the deal could reshape Spain's banking sector if approved.
Markets
Euro tumbles to a one-year low as US releases inflation figures
The euro further declined against the US dollar following the release of US inflation data on Wednesday. Analysts expect that the euro may continue to face downward pressure against the dollar, even if enthusiasm over Trump's policies subsides.
EU Decoded
EU DECODED: Will the Digital Euro strengthen financial security?
In this episode we talk about a new payment method that is being studied by the European Central Bank: the digital euro. Do we need another alternative for online payments and could this project have negative impacts on the banking system?
Economy
Trump policies may push ECB to cut rates, Draghi urges reform efforts
Trump’s protectionist policies could push the ECB to cut rates faster than predicted, as renewed tariffs on European exports threaten growth. Draghi urges EU reforms to bridge the tech gap and calls for a united stance in trade talks with the US.
Markets
Weekly recap: Uncertainty moves markets into retreat from highs
Global markets are set to finish the week lower due to uncertainties surrounding the economic and political landscape ahead of the US presidential election and the Japanese general election. Risk-off sentiment shaped market trends as precious metal prices surged.
Economy
Will the European Central Bank opt for a large rate cut in December?
Money markets see an increased likelihood of the European Central Bank (ECB) deepening its rate cuts in December following weak economic data. However, analysts expect the bank to maintain a gradual approach to rate reductions due to the persistent upside risks in inflation.
Markets
Markets weekly recap: DAX hits a new high as the ECB cuts
Stock markets on both sides of the Atlantic will likely end the week on a positive note, with sentiment buoyed by the European Central Bank’s (ECB) rate cut and robust US corporate earnings. In contrast, Chinese stocks continued their retreat as optimism from the recent market frenzy faded.
