The Latest Breaking News from ECB

Inflation's down and growth is mediocre in Europe

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

September S&P 500 E-Mini futures (ESU24) are down -0.07%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.27% this morning as investors looked ahead to the U.S. presidential debate between Donald Trump and Kamala Harris, while also awaiting Wednesday’s release of a key U.S. inflation report.

The dollar index (DXY00 ) Monday rose by +0.37%. Monday’s stronger-than-expected US economic news was bullish for the dollar. The dollar also rose on reduced speculation that the Fed will cut interest rates aggressively as swap markets are discounting the chances for a 50 bp rate cut at next week’s...

The dollar index (DXY00 ) today is up by +0.38%. Higher T-note yields today are supporting moderate gains in the dollar. The dollar is also climbing on reduced speculation that the Fed will cut interest rates aggressively as swap markets are discounting the chances for a 50 bp rate cut...

Ex-ECB chief Mario Draghi’s report says Europe’s economy faces ‘existential challenge’ to catch up with the US, China.

The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves.

CVC Capital Partners are in talks about buying a Hundred franchise in what would be English cricket’s first private equity investment

Andrew Flintoff has promised to ‘inspire the next generation’ after the TV presenter and former all-rounder was named head coach of the England Lions