The euro area unemployment rate remained unchanged at the lowest rate since 2008 in November, Eurostat reported Thursday.
The jobless rate came in at 7.5 percent in November, the same rate as in October. The rate came in line with expectations.
The number of people out of work decreased by 10,000 in
Germany's economy expanded modestly in the third quarter supported by consumption and, thus avoided entering a widely expected technical recession. Gross domestic product grew a seasonally and calendar adjusted 0.1 percent from the previous three months, provisional data from the statistical office
Global core bonds had a bumpy ride yesterday. Better than expected French PMI's contrasted with another poor reading in Germany. The downleg in core bonds after the French release was thus very short-lived. Next on the agenda was the ECB. No policy changes were made. Outgoing president Draghi
Comments by ECB vice president, Luis de Guindos
Economic risks are tilted to the downside
Core inflation in the euro area is still muted
Says Q4 growth may be similar to what we're seeing in Q3
The ECB is continuing to reiterate calls for fiscal policy to help out in dealing with the slowdown in
UK government is to appeal the ruling in the Supreme Court
It looks like three judges in the Scottish High Court has ruled that Boris Johnson's decision to prorogue parliament is deemed unlawful. An appeal will begin in the Supreme Court next Tuesday to achieve the final ruling.
This comes as qui
In a chaotic session in parliament yesterday, UK lawmakers accidentally passed an amendment allowing for Theresa May's withdrawal agreement bill to be debated once again during an extension
The Kinnock amendment passed through without most lawmakers knowing how or why at the time as the government
Pound jumps on rising hope of no-deal Brexit as BoJo gets defeated on Tuesday vote, weak US data revives dovish Fed expectations
The Pound sterling was the best performer against the US dollar in Asia.
The pound bounced past 1.2100 against the greenback, as British MPs took control of the parliamen
In an interview with national broadcaster RTE, Ireland’s Finance Minister Paschal Donohoe noted that the UK must present “a very significant political rationale” if it wants to extend talks to leave the European Union.
“The European Council and the European Commission have said that were
After crisis, before crisis
After the political crisis in Italy was almost resolved this week (supporters of the Five Star movement still have to agree to the new coalition), the British government could come under pressure next week. The British Parliament will return from its summer recess on Sept
Asian stocks ended mostly higher on Friday, even as Chinese and Hong Kong markets ended on a muted note amid the ongoing mass protests in Hong Kong calling for political freedom and self-determination for the semi-autonomous territory.
Underlying sentiment remained supported by signs that the U.S. a
UK PM Johnson has been upbeat about reaching a deal, helping sterling stabilize.
The opposition is ramping up its battle against the parliament suspension.
Friday's four-hour chart is pointing to a critical support line.
With 62 days left to Brexit, prime minister Boris Johnson wants to step up th
U.K. stocks held steady on Thursday and the pound edged lower, a day after Prime Minister Boris Johnson decided to prorogue parliament ahead of the Brexit deadline.
The benchmark FTSE 100 was up 23 points, or 0.12 percent, at 19,226 after rising 0.4 percent in the previous session.
TD Securities analysts point out that Italy’s president will give Prime Minister Giuseppe Conte the go-ahead to form a new government, ending days of stop-and-go negotiations and bickering between the Five Star Movement and the center-left Democratic Party.
“The agreement could put an end