The long-term outlook for the Euro has been boosted significantly by a Franco-German proposal for a €500 billion coronavirus Recovery Fund, even though an agreement is not yet close. more...
German economic confidence strengthened to the highest level since 2015, survey results from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. more...
Construction spending in the U.S. unexpectedly showed a significant increase in the month of February, according to a report released by the Commerce Department on Monday. more...
A report released by the Commerce Department on Monday showed business inventories in the U.S. increased by more than expected in the month of January. The Commerce Department said business inventories climbed by 0.8 percent in January, matching the upwardly revised increase in the previous month. more...
European Central Bank President Mario Draghi said on Wednesday that the bank's monetary policy stance remained accommodative in the face of weaker growth outlook for the euro area and that the weakness in external demand is unlikely to be severe. Speaking at the ECB Watchers conference in c said, "We are now seeing a more persistent deterioration of external demand." more...
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