Eurozone’s recovery efforts hit hard by second wave amid warning of another downturn
THE eurozone’s recovery efforts experienced a significant setback in September as a dreaded second wave of coronavirus forced governments to reimpose strict measures, sending the bloc’s dominant service sector into reverse. Daily Express :: Finance Feed
Pound euro exchange rate: GBP/EUR edges higher on Eurozone’s economic woes
THE pound euro exchange rate rose to €1.104 today following August’s flash Eurozone inflation figure, which confirmed estimates by holding steady at 1 percent. Meanwhile, core inflation fell below forecasts to 0.9 percent. Daily Express :: Finance Feed
Pound euro exchange rate: GBP/EUR rises as Eurozone’s manufacturing sector suffers in July
The pound euro exchange rate edged higher this morning, leaving the pairing fluctuating around €1.117, as the Eurozone’s struggling manufacturing sector weighed on PMI Composite data for July. The index fell closer to the 50 mark separating growth from contraction, drifting from 52.2 to 51.5. Daily Express :: Finance Feed
Euro PLUNGES as fears for eurozone’s economy revealed by European Central Bank
THE euro has tumbled to a three-week low after fears about the eurozone’s economic fragile recovery were laid bare by the European Central Bank . Daily Express :: Finance Feed
Eurozone’s party is over: EU stock market could CRASH AND BURN, Deutsche Bank warns
THE eurozone could be in for a brutal stock market crash, as the outlook for the economy darkens, Deutsche Bank has warned. Daily Express :: Finance Feed
WARNING TO EU: Brexit set to hit eurozone’s economy, says ECB boss Draghi
EUROPE’s economy is set for significant shocks as a result of Brexit, the head of the European Central Bank has dramatically warned. Daily Express :: Finance Feed