The Latest Breaking News from eurozone

Economists say EU countries hardest hit by 2010s debt crisis now in stronger position than France and Germany

European Central Bank faces decisions amidst economic uncertainty and political challenges in the eurozone.

Mohamed El-Erian, Allianz's Chief Economic Advisor, warned Wednesday Dec. 4, 2024 about the growing intersection of political and economic challenges in France following Prime Minister Michel Barnier's historic no-confidence ouster, even as Greek bonds achieved parity with French sovereign debt for the first time since the Eurozone crisis.

French Prime Minister faces no-confidence vote over budget dispute, risking government collapse and eurozone repercussions.

Country is at risk of fresh turmoil with its government on the brink amid soaring sovereign borrowing costs

Unions demand ‘dignified wages’ as unequal recovery from debt crisis has left many struggling with higher costs

The dollar index (DXY00 ) Thursday rose by +0.43% and posted a new 1-year high. Thursday’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose more...

The dollar index (DXY00 ) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep the Fed from aggressively cutting interest rates and is positive for the dollar. Weekly jobless claims fell to a 5-1/2 month low, and Oct PPI rose...

December WTI crude oil (CLZ24 ) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24 ) is up +0.0468 (+2.44%). Dec crude oil prices today are moderately higher. Dollar weakness today is supportive of energy prices. Also, lingering Middle East tensions are supporting crude after Israel vowed to strike...