eurozone

6 Most Important Things About Business Today

Eurozone gross domestic product rose 0.6% in the third quarter, which was the consensus among economists. Walt Disney Co. (NYSE: DIS) CEO Robert Iger will probably renew his contract again ...
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Yes, There Is a Real Cost for Brexit

If you want research covering Britain and Europe, maybe it is best to go overseas to get it. There have been costs associated with the recent Brexit vote that are ...
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UBS Signals Stronger European Corporate Profits Than US in 2017

It is no secret that there is a raging bull market right now, and 2017 has only been an accelerated year within that long-term recovery after the Great Recession. Pro-business ...
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A Tale of 2 European Bank Earnings: Barclays vs Deutsche Bank

It has been a busy day for the banking sector in Europe. On top of the European Central Bank keeping rates static, it cut its monthly bond buying in half ...
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Brussels

Euro Area GDP Still Escapes Contraction in Q3

Among all the problems in Europe and the post-Brexit woes, the European Statistics agency (Eurostat) has released its first view of third-quarter seasonally adjusted gross domestic product (GDP). The preliminary ...
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IMF HQ, DC

IMF Cuts Euro Area Growth to 1.4% for 2017

The Brexit will cost the euro area dearly next year, according to the International Monetary Fund (IMF). It has cut its forecast for 2017 GDP growth to 1.4% from 1.6%. ...
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ECB

Eurozone PMI Weakest Since 2014

Brexit will make matters worse among the economies of the old European Union. In the meantime, they are bad enough. According to research firm Markit: Markit Eurozone CompositePMI® –final data ...
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European currency

Markit Eurozone Manufacturing PMI Drops to 3-Month Low

At about the same time that the Organization for Economic Cooperation and Development (OECD) released its pessimist Economic Forecast, research firm Markit reported trouble in Europe. Its eurozone manufacturing PMI ...
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Gross domestic product

Fitch Trims US GDP Expectations for 2016, Raises China GDP View

Throughout the first quarter of this year, particularly the first six weeks when markets were in free fall, it was more than common for global organizations, analysts and economists to issue ...
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Currency

$9.9 Trillion in Global Sovereign Debt Has Negative Yield

Fighting deflation has a cost, and as of April 25 that cost is negative interest rate yields on $9.9 trillion in global sovereign debt. Of the total, $6.8 trillion is ...
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Flag of Great Britain

Sell in May and Go Away? Depends on Brexit

With May around the corner, should investors sell in May and go away this year? The phrase did not arise in a vacuum, nor is it coincidence or a self-fulfilling ...
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Greek fishing boats

Can an IMF Bailout Snub and Brexit Vote Finally Force Greece out of the Euro?

It was only a matter of time after all. Europe’s most indebted government is back at it, complaining about bailout conditions and fighting for its next tranche of bailout funds. ...
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ECB

Eurozone PMI Slows

According to research firm Markit, eurozone PMI growth slowed to a four-month low, another sign the economies in major nations face challenges. The research firm reported: The eurozone economy made ...
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global economy

Fitch Lowers Global Growth Estimates Due to Emerging Markets

Whether you are seeing projections from the Federal Reserve, the International Monetary Fund, Goldman Sachs or any other place that issues research and makes global growth projections, the trend for ...
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ThinkstockPhotos-474312328

Third Greek Bailout Gets Its First Test With Sunday’s Elections

With the most important Federal Reserve meeting in recent history on the minds of every investor and trader in the world right now, it is easy to miss other potentially ...
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