The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates while others cut, with the European Central Bank seen certain to deliver the latest in a series of policy easings later in the day.
England and Bayern Munich midfielder Georgia Stanway faces a race to be fit for her country's Euro 2025 campaign after undergoing knee surgery on Wednesday.
Euro zone banks tightened firms' access to credit last quarter and expect further tightening in the first three months of 2025, a European Central Bank survey showed on Tuesday, reinforcing the case for more interest rate cuts as the economy slows.
FRANKFURT (Reuters) - Lending growth to businesses in the 20-nation euro zone accelerated in December, suggesting that a string of interest rate hikes have started to transmit through to the real economy, European Central Bank data showed on Tuesday.
The experiences gleaned from Greece, Spain and Portugal serve as a clear warning about what happens when a country adopts the common currency ill-prepared.
(Reuters) - Thales Alenia Space, a joint venture between Thales and Leonardo, on Thursday announced a 862 million euro ($896.9 million) order from the European Space Agency for the development of the Argonaut lunar lander. The lander, designed for cargo delivery to the moon, is planned to be launched in the 2030s, the group said in a press release.
Pricing for short- and long-dated European and American options to buy Euros vs. U.S. dollars at a strike price of 1.0500 for quarterly maturities out to 20 years is shown below. Note that the data for US options is the lower bound on the fair value price.
THE yen made broad gains on Thursday (Jan 30) as Japan looks on track to keep raising interest rates while others cut, with the European Central Bank (ECB) seen certain to deliver the latest in a series of policy easings later in the day.
The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate reduction, bringing the Deposit Facility Rate, the Refinancing Rate, and the Marginal Lending Facility Rate to 2.75%, 2.90%, and 3.15%, respectively.
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the monetary policy stance – is based on our updated assessment of the inflation outlook,
A European giant have reportedly 'intensified negotiations' to land Manchester United forward Marcus Rashford, amid 'fierce' competition from Barcelona, who they are 'determined' to beat.