Wedding photographer Vitor Duarte knows what it’s like to get a smile, and he says there’s not much to smile about in Portugal.
Portuguese shoppers are joining exporters in dragging the country out of the longest recession in at least 25 years, and bondholders are benefiting.
Mario Draghi has put investors on a month’s notice for further economic stimulus after outlining the ingredients necessary for action.
German investor confidence unexpectedly fell for the first time in six months, signaling caution over the outlook for the euro area’s economic recovery
Commerzbank AG raised its forecasts for the euro against the dollar through December 2013, saying the projected weakness in the 17-nation currency will come later than it previously forecast.
Manufacturing growth from China to the euro region and the U.S. slowed in May, adding to signs that momentum is weakening in a global economy facing headwinds from rising commodity costs and regional shocks.
German business confidence rose to the strongest in 20 months in a signal that the pace of recovery is quickening in Europe’s largest economy.
The U.S. Treasury yield curve has lost its forecasting power and investors wanting to divine the possibility of a U.S. recession should turn to a little-known equation from the 1970s.
Growth in Europe’s services and manufacturing industries unexpectedly accelerated in July as concern over the sovereign-debt crisis eased and an increase in global trade spurred exports.
Germany’s drive to mold the rest of Europe into its economic image may come at a cost for the country’s export machine.
"Companies are still worried about future developments in the euro zone and this inhibits their willingness to invest."
- Ralph Solveen on Jul 07, 2013
Commerzbank’s Solveen Says Euro to Weaken
Commerzbank’s Solveen Sees Little Inflation Risk: Audio