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Nikkei Falls After Italian PM Quits, Euro Dives To 20-Month Low
In forex markets, the 19-nation euro slumped to $1.0506 in early Tokyo trade, its lowest since March 2015, but it later rebounded to $1.0585.
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RBI Policy, Macro Data, Global Cues To Dictate Market Trend
Investors are keeping an eye on global events like Italy's constitutional referendum outcome (due December 4 night), which could determine whether the country stays in the Eurozone or not.
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Eurozone Growth Still Slow, October Core Inflation Dips
Eurostat said gross domestic product in the 19 countries sharing the euro rose 0.3% quarter-on-quarter in the July-September period and by 1.6% year-on-year.
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Eurozone Banking Sector Faces Severe Profitability Shock: ECB
European Central Bank chief economist Peter Praet on Tuesday said the Eurozone banking sector is facing a severe profitability shock, pointing to high costs, an excessive amount of bad debt in some countries and the lack of necessary consolidation.
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European Citizens Fear Brexit More Than British: Survey
European citizens are more concerned about a so-called 'Brexit', or exit of the Britain from the European Union, than the British people themselves, a survey found.
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Irish Government Concedes Election Defeat
Irish prime minister Enda Kenny conceded defeat on Saturday following elections that saw the governing coalition punished by voters weary of austerity, leaving the eurozone country in political limbo with no clear winner.
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June Date Set for Britain's Historic EU Referendum
Britain will vote on its membership of the European Union on June 23, Prime Minister David Cameron said on Saturday as he began the daunting challenge of persuading the country to stay in.
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European Tourists Rise In Kerala
Tourist arrivals from Europe have registered a remarkable 4.8 per cent increase in 'God's Own Country' Kerala during the year till October despite the Eurozone recovery losing steam.
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Most Greeks Pessimistic About Economy in 2016: Poll
Most Greeks are pessimistic and anxious about their country's economic situation in 2016, a poll showed on Saturday.
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Dollar Rises Against Euro, Oil Drops Before OPEC Meet
The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for US and Eurozone interest rates, while oil fell with OPEC (Organization of the Petroleum Exporting Countries) ministers expected to keep the pumps on.
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European Ministers Confront Greece on Daunting Bailout
Eurozone finance ministers today meet for the first time since Greek voters re-elected leftist premier Alexis Tsipras, who now faces the daunting task of implementing the country's cash-for-reforms bailout deal.
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Greece, Lenders Clinch Bailout Deal After Marathon Talks
Greece and international creditors agreed on a new multi-billion euro bailout deal on Tuesday, a finance ministry official said, in an accord which will keep the country in the eurozone and avert bankruptcy.
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Francois Hollande Calls for Stronger Eurozone Led by 'Vanguard' Nations
France wants a stronger, more harmonised eurozone led by "a vanguard of countries", French President Francois Hollande said in an interview published Sunday.
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Impact of Greek Developments Will be Indirect: Finance Secretary
Greece, which is going through a financial crisis, has reached a desperately-needed bailout deal with the Eurozone which will prevent the country crashing out of the European Union having a single currency.
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Summary of Eurozone Leaders' Agreement With Greece
Eurozone leaders set conditions on Monday for Greece to negotiate a third bailout to keep the near-bankrupt country in the Eurozone.
-
Nikkei Falls After Italian PM Quits, Euro Dives To 20-Month Low
In forex markets, the 19-nation euro slumped to $1.0506 in early Tokyo trade, its lowest since March 2015, but it later rebounded to $1.0585.
-
RBI Policy, Macro Data, Global Cues To Dictate Market Trend
Investors are keeping an eye on global events like Italy's constitutional referendum outcome (due December 4 night), which could determine whether the country stays in the Eurozone or not.
-
Eurozone Growth Still Slow, October Core Inflation Dips
Eurostat said gross domestic product in the 19 countries sharing the euro rose 0.3% quarter-on-quarter in the July-September period and by 1.6% year-on-year.
-
Eurozone Banking Sector Faces Severe Profitability Shock: ECB
European Central Bank chief economist Peter Praet on Tuesday said the Eurozone banking sector is facing a severe profitability shock, pointing to high costs, an excessive amount of bad debt in some countries and the lack of necessary consolidation.
-
European Citizens Fear Brexit More Than British: Survey
European citizens are more concerned about a so-called 'Brexit', or exit of the Britain from the European Union, than the British people themselves, a survey found.
-
Irish Government Concedes Election Defeat
Irish prime minister Enda Kenny conceded defeat on Saturday following elections that saw the governing coalition punished by voters weary of austerity, leaving the eurozone country in political limbo with no clear winner.
-
June Date Set for Britain's Historic EU Referendum
Britain will vote on its membership of the European Union on June 23, Prime Minister David Cameron said on Saturday as he began the daunting challenge of persuading the country to stay in.
-
European Tourists Rise In Kerala
Tourist arrivals from Europe have registered a remarkable 4.8 per cent increase in 'God's Own Country' Kerala during the year till October despite the Eurozone recovery losing steam.
-
Most Greeks Pessimistic About Economy in 2016: Poll
Most Greeks are pessimistic and anxious about their country's economic situation in 2016, a poll showed on Saturday.
-
Dollar Rises Against Euro, Oil Drops Before OPEC Meet
The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for US and Eurozone interest rates, while oil fell with OPEC (Organization of the Petroleum Exporting Countries) ministers expected to keep the pumps on.
-
European Ministers Confront Greece on Daunting Bailout
Eurozone finance ministers today meet for the first time since Greek voters re-elected leftist premier Alexis Tsipras, who now faces the daunting task of implementing the country's cash-for-reforms bailout deal.
-
Greece, Lenders Clinch Bailout Deal After Marathon Talks
Greece and international creditors agreed on a new multi-billion euro bailout deal on Tuesday, a finance ministry official said, in an accord which will keep the country in the eurozone and avert bankruptcy.
-
Francois Hollande Calls for Stronger Eurozone Led by 'Vanguard' Nations
France wants a stronger, more harmonised eurozone led by "a vanguard of countries", French President Francois Hollande said in an interview published Sunday.
-
Impact of Greek Developments Will be Indirect: Finance Secretary
Greece, which is going through a financial crisis, has reached a desperately-needed bailout deal with the Eurozone which will prevent the country crashing out of the European Union having a single currency.
-
Summary of Eurozone Leaders' Agreement With Greece
Eurozone leaders set conditions on Monday for Greece to negotiate a third bailout to keep the near-bankrupt country in the Eurozone.
