Bank of England to stay optimistic but avoid endorsing June rate cut
Markets aren’t fully buying the BoE’s new found optimism Can the Bank of England diverge from the Federal Reserve on…
German deficit forecast at 1.75% in 2024, says stability council
Germany’s general government deficit is forecast to be around 1.75% of gross domestic product in 2024, falling to around 1%…
Turkey central bank net reserves jump record $7 bln in U-turn, bankers say
The Turkish Central Bank’s net foreignreserves rose by a record $7 billion last week, bankers said on Tuesday, sustaining a…
Europe has little to fear as ECB and Fed part ways
Christine Lagarde and Jerome Powell are about to consciously uncouple their monetary policies. The European Central Bank president will almost…
ECB can’t be lenient with structural inflationary forces, Nagel says
Deep structural changes in the euro zone economy could put upward pressure on inflation for years to come but the…
German exports expected to stagnate this year – DIHK
German exports are expected to stagnate this year, following a 1.8% decline last year, the German Chamber of Commerce and…
China, France extend economic, trade cooperation on past achievements
Chinese President Xi Jinping arrived in Paris on Sunday for a state visit to France, coinciding with the 60th anniversary…
China forex reserves fall more than expected in April
China’s foreign exchange reserves fellmore than expected in April, official data showed on Tuesday, as the dollar rose against other…
Economy policies have to be fair and reciprocal, French fin min says on ties to China
French President Emmanuel Macron, China\’s President Xi Jinping and European Commission President Ursula von der Leyen attend a trilateral meeting…
Chinese Bulker Catches Fire and Drifts Aground in Indonesia
A Chinese-owned bulker has drifted aground off the coast of Sulawesi, Indonesia after losing power in a fire. Local police…