Tag : European Central Bank

Business

Global markets face disruption amid $17.3 trillion oil shock warning

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by iraqupdate.com027
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Business

Euro zone economic sentiment weakens amid consumer confidence drop

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by iraqupdate.com0104
European markets fell Wednesday after EU economic sentiment data showed declines, raising growth concerns. Shell shares dropped 2.2% following lower LNG and chemicals forecasts....
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U.S. dollar index surges to two-year high as markets eye Trump return

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by iraqupdate.com097
The U.S. dollar index hit a two-year high as markets responded to optimism over Donald Trump’s policies and resilient economic performance in 2025....
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European stocks decline as bond yields rise amid policy uncertainty

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by iraqupdate.com0101
European stocks dropped as bond yields rose, with STOXX 600 down 0.3% amid inflation fears, policy uncertainty, and rate hike concerns as traders await ECB...
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Germany’s economic activity sees persistent decline amid weak manufacturing

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by iraqupdate.com099
Germany’s economic contraction extended into December, marking six straight months of decline as weak manufacturing output offset modest stability in the services sector....
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UK inflation rises to 2.6% in November as energy costs increase

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by iraqupdate.com0171
UK inflation rose to 2.6% in November, reflecting rising energy costs and wage pressures, according to the ONS. Core inflation also rose to 3.5%, underscoring...
Business

ECB lowers deposit rate to 3.5% as inflation nears target

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by iraqupdate.com0142
European Central Bank lowers key rate to 3.5% as it aims to counter slowing economic momentum and maintain inflation near the target level in challenging...