Sebastian Wanke News
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Euro-area investor confidence rose in June on increased optimism that the economy will return to growth this year and turbulence in the sovereign debt crisis has been overcome for now, the Sentix research institute said.
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European investor confidence rose in May after a two-month political stalemate in Italy came to an end and the European Central Bank cut interest rates to a record low, the Sentix research institute said.
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The Swiss franc fell to a one-month low against the euro after the country’s economy minister said he’s “concerned” over the currency’s level, which has surged about 15 percent since the start of 2009.
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European investor confidence declined more than economists forecast in April, after the bail- in of Cypriot bank depositors rattled financial markets, the Sentix research institute said today.
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The Swiss central bank unexpectedly cut interest rates and said it will increase the supply of francs to money markets to curb the “massively overvalued” currency. The franc dropped from a record.
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European investor confidence surged to the highest level in more than 1 1/2 years, adding to signs that the economy is beginning to emerge from recession, the Sentix research institute said today.
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European investor confidence increased for a fifth month in January as signs that the region’s debt crisis is easing multiplied, the Sentix research institute said today.
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European Central Bank President Mario Draghi agreed to put Belgium’s Peter Praet in charge of the bank’s economics division, ignoring calls from Germany that one of its nationals should keep the job.
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European investor confidence rose for a third month in November as the European Central Bank’s bond- purchase plan calmed financial markets, the Sentix research institute said.
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French industrial production unexpectedly stalled in August, suggesting a recovery in the euro region’s second-largest economy is losing momentum.
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