EUR News

The governing council of the European Central Bank is set to leave its interest rates unchanged at the meeting in Frankfurt on Thursday.

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Eurozone policymakers will monitor economic and financial market developments very closely and aim to safeguard the pass-through of its accommodative monetary policy to the real economy, the European Central Bank President Mario Draghi said Thursday.

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Belgium's business confidence unexpectedly improved for a second consecutive month in July after a sharp increase in the previous month, amid further strengthening of morale in the building industry and the business services sector, survey results from the National Bank of Belgium revealed Tuesday.

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Germany's unemployment rate held steady in June, after falling slightly in the previous month, preliminary figures from Destatis showed Thursday.

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Eurozone economic confidence strengthened unexpectedly in July indicating that the single-currency region shrugged off the negative impact from the "Brexit" vote, while the weakness was evident in the European Union and the U.K.

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Eurozone economic growth halved in the second quarter, after France's economy halted, as the region braces for uncertainty emanating from the "Brexit" talks in the quarters ahead. Separate data showed that inflation picked up in July despite weak energy prices and the unemployment rate held steady at a five year low in June.

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Eurozone producer prices increased for the second consecutive month in June, figures from Eurostat showed Tuesday.

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The euro area private sector expanded more than estimated in July, final survey data from Markit showed Wednesday.

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The Bank of England is set to cut its key interest rate to a fresh record low for the first time since 2009 and downgrade its growth projections after Britons voted to leave the European Union.

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France's trade deficit in June widened from a year earlier, figures from the French Customs showed Friday.

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