euro-area
Top StoriesEuro Zone Bond Yields Rise Towards Multi-Year Highs After U.S. Data
Top StoriesEuro Zone’s Negative-Yielding Debt Pile Has Almost Disappeared
Top StoriesEuro Zone Yields Fall From Multi-Year Highs Tracking Moves in UK Gilts
Top StoriesAnalysis-Europe Says Goodbye to Negative Rates – or Just ‘au Revoir’?
Euro Zone Yields Fall as US Payrolls Seen Easing Rate-Hike Pressure
Date: September 2, 2022
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. peers, after a closely watched U.S. employment report showed unemployment rising and job growth slowing in August. U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in...
German Bonds Set for Worst Month in Decades as Inflation Hits New Highs
Date: August 31, 2022
By Dhara Ranasinghe LONDON (Reuters) – Germany’s borrowing costs rose to their highest level in over two months on Wednesday, and were set to end August with their biggest monthly surge in over 30 years, as data showed inflation in the euro area hitting another record high. Bond markets across Europe have been battered this...
Gas Crisis Sends Euro Back Below Parity Against Dollar
Date: August 22, 2022
By Dhara Ranasinghe and Joice Alves LONDON (Reuters) – The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas supplies later this month will exacerbate an energy crisis. China’s yuan dropped to its lowest in...
Euro Zone Bond Yields Jump as ECB May Consider 50 Bps July Rate Hike
Date: July 19, 2022
By Dhara Ranasinghe LONDON (Reuters) -Euro zone bond yields shot up on Tuesday, with two-year German borrowing costs hitting over two-week highs, after a source-based report that the European Central Bank would discuss whether to raise rates by 25 or 50 basis points on Thursday. The ECB has flagged that it would raise rates by...
Analysis-Euro Is at Parity; Its Fate Is Now With Energy Markets
Date: July 13, 2022
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) – The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price shock triggered by the Ukraine conflict tips the bloc into a prolonged economic crisis. The single...
Explainer-Why the Euro’s Fall Below Parity Versus Dollar Matters
Date: July 13, 2022
LONDON (Reuters) – Europe’s single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area. On Wednesday, it slumped to as low as $0.9998 and is down almost 12% so far this year. It started the year on a strong...