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EUROPEAN INTEREST

  • The AEWC is a system developed by the Centre for Airborne Systems and two of their aircraft are already flying with the Indian Air Force giving wide coverage of the adversaries' activities along both western and northern front of the country. The In...

    19 Jun, 2024, 09.02 PM IST
  • ​The dollar was modestly weaker against the euro on Monday, as the common currency recovered from the more than one-month lows hit last week driven by political turmoil in Europe.

    17 Jun, 2024, 08.51 PM IST
  • China criticised the EU's planned additional tariffs on Chinese electric vehicles, warning of harm to Europe's own interests and condemning it as protectionism. The EU Commission is expected to impose fresh duties, potentially up to 25 per cent on t...

    12 Jun, 2024, 01.58 PM IST
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  • The dollar's performance is influenced by ECB President's stance on easing, Bank of Japan's upcoming policy decision, and foreign exchange intervention concerns.

    08 Jun, 2024, 09.29 AM IST
  • Oil prices rose as OPEC+ members Saudi Arabia and Russia hinted at output adjustments. Brent crude futures reached $80.03 per barrel, and U.S. West Texas Intermediate crude futures hit $75.71. Europe's interest rate cut raised expectations of a simi...

    07 Jun, 2024, 08.25 AM IST
  • Stocks and bonds lost steam ahead of the US jobs report, impacting the Federal Reserve's next steps. Traders refrained from big bets as equities retreated from all time highs.

    07 Jun, 2024, 08.10 AM IST
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  • The U.S. dollar index remained stable near 104.13, hinting at a potential 0.5% decline for the week due to expectations of Fed rate cuts. Traders anticipate a softer non-farm payrolls report, possibly below the 185,000 forecast.

    07 Jun, 2024, 07.44 AM IST
  • In new forecasts, the ECB said it expected inflation to average 2.2% in 2025 - up from a previous estimate of 2.0% and meaning it was now seen holding above the central bank's 2% target well into next year. ECB President Christine Lagarde said that ...

    07 Jun, 2024, 12.05 AM IST
  • It was enough to snip the pan-European STOXX 600's gains back to 0.6%, while the euro inched up to almost $1.0890 against the dollar and government bond yields - which reflect borrowing costs and move inversely to price - ticked up too.

    06 Jun, 2024, 09.03 PM IST
  • The European Central Bank cut interest rates for the first time in five years, lowering the deposit rate to 3.75%. The move came in response to inflation uncertainty following a slowdown. This move is seen as the start of an easing cycle, but future...

    06 Jun, 2024, 06.00 PM IST
  • The pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street's tech giants.

    06 Jun, 2024, 05.32 PM IST
  • ​European shares opened higher on Wednesday, mirroring global sentiment as a soft U.S. labour market data firmed bets of a rate cut from the Federal Reserve, ahead of the European Central Bank's key rate verdict later this week.

    05 Jun, 2024, 01.37 PM IST
  • ​European shares slipped on Tuesday as weakness in crude prices dragged energy stocks, while investors refrained from placing huge bets before the European Central Bank's interest rate decision later this week.

    04 Jun, 2024, 02.31 PM IST
  • The European Central Bank (ECB) is set to reduce eurozone interest rates from historic highs this week, with a quarter-point cut expected on Thursday, lowering the key deposit rate to 3.75%. Despite the reduction, persistent inflation and stronger-t...

    03 Jun, 2024, 09.19 AM IST
  • ​European shares declined on Wednesday as rising bond yields globally spurred concerns of interest rates staying elevated for longer, even as investors awaited more economic data to firm up bets on rate cuts.

    29 May, 2024, 01.00 PM IST
  • European shares were subdued as investors awaited inflation surveys for insights on the ECB's monetary policy, with Germany's DAX up 0.2% post a 1.8% fall in April's wholesale prices.

    28 May, 2024, 01.23 PM IST
  • ​European stocks edged higher on Thursday after strong forecasts from AI darling Nvidia lifted global chipmakers, while investors awaited the latest business surveys to gauge the euro zone economy's outlook and interest rate path.

    23 May, 2024, 01.00 PM IST