Europe’s problem child no more: After years of misery, the Greek economy is on fire

theglobeandmail.com Central Athens nearly burned to the ground on the night of Feb. 12, 2012. Anti-austerity protesters and a small army of “anarchists” – violent young men clad in black and…

Friday Premarket Newsmakers: From the Debt Ceiling Deal, on to Greedflation

247wallst.com Premarket action on Friday had the three major U.S. indexes moving nicely higher. The Dow Jones industrials were up 0.53%, the S&P 500 up 0.51% and the Nasdaq 0.48% higher.…

EU allocates 50 million euros to Ukraine for provisional bridges

kyivindependent.com This audio is created with AI assistance The European Investment Bank (EIB) will allocate 50 million euros to Ukraine's State Agency for the Reconstruction and Development…

Dollar dips as chances grow for Fed 'skip', debt bill passes

investing.com The dollar was heading for its largest weekly fall since mid-January on Friday as the view took hold among investors that the Federal Reserve will forgo an interest rate…

Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling

coinspeaker.com Coinspeaker Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling Stocks in Europe opened higher today after the US Senate approved a bill to…

Dollar slips after debt ceiling bill progresses; payrolls due later

investing.com Investing.com - The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling…

Europe stocks open higher after U.S. debt ceiling deal

cnbc.com European stock markets opened higher Friday, after U.S. lawmakers passed a bill to raise the debt ceiling and cap government spending for two years, days before the default…

Galaxy Digital CEO Mike Novogratz says the 'dog days of summer' came early for crypto as bitcoin posts worst month since November

businessinsider.com Mike Novogratz. Lucas Jackson/Reuters The crypto market rally seems to be stalling as bitcoin notched its first monthly loss since November. Galaxy Digital CEO Mike…

Global equities rise, U.S. yields fall after debt ceiling bill advances

investing.com Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as data reflected a…

Inflation in Europe drops to lowest level since Russia invaded Ukraine

cnn.com Inflation in Europe has fallen to its slowest pace since Russia invaded Ukraine, bolstering the case for the region’s central bank to bring interest rate hikes to an end…

ECB President Says Euro Zone Inflation Still ‘Too High’ as Rate Falls Lower than Expected to 6.1%

coinspeaker.com Coinspeaker ECB President Says Euro Zone Inflation Still ‘Too High’ as Rate Falls Lower than Expected to 6.1% Euro zone inflation has dropped in May, with a steeper plunge…

Eurozone inflation dipped more than expected in May to 6.1%, in boost for ECB

marketwatch.com Eurozone inflation fell more than expected in May on slowing food and declining energy prices, as underlying pressures also eased, welcome news for the European Central Bank…

Eurozone Inflation Slides to Lowest in More Than a Year

nytimes.com The rate of price increases slowed to an annual rate of 6.1 percent in May, but food costs continued to keep inflation uncomfortably high. Inflation in the eurozone slid…

Eurozone inflation tumbles, fuelling ECB rates debate

arabnews.com FRANKFURT: Eurozone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank…

Eurozone Inflation Falls as Core Rate Drops

wsj.com Eurozone inflation fell more than expected in May on slowing food and declining energy prices, as underlying pressures also eased, welcome news for the European Central Bank…

Futures Rise After House Passes Debt Deal, Europe Boosted By Weaker Inflation

zerohedge.com Futures Rise After House Passes Debt Deal, Europe Boosted By Weaker Inflation US futures edged higher after the House passed a deal to avert a US default (with more…

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

coindesk.com This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every…

European Central Bank still has ground to cover, but past rate hikes staring to work: Lagarde

theglobeandmail.com Euro zone inflation remains too high, so further European Central Bank policy tightening is necessary, even if there is a growing body of evidence that past rate hikes are…

Cooling Eurozone Inflation Opens Path for ECB Rate Pause

wsj.com Fruit for sale at a market in Essen, Germany. Food prices in the eurozone are still rising strongly. FRANKFURT—Inflation in the eurozone declined to a 15-month low in May,…

Markets Rise as Debt Ceiling Deal Moves to the Senate

nytimes.com Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote. The debt-ceiling deal is a step closer to becoming law after its…

Euro zone inflation tumbles in May, fuelling debate about need for further ECB rate hikes

theglobeandmail.com Euro zone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank rate hikes…

Europe sees inflation drop to 6.1%, but real relief for consumers will take months

go.com FRANKFURT, Germany -- Europe's inflation took a positive turn with a significant drop to 6.1%, but prices are still posing a pinch to shoppers who are yet to see real relief…

Global factories struggle for momentum amid patchy demand

reuters.com LONDON/TOKYO, June 1 (Reuters) - Sluggish global demand deepened the decline in manufacturing activity across Europe and remained a major challenge for many of Asia's big…

Euro zone inflation falls more than expected to 6.1% as core pressures ease

cnbc.com People at the market for their daily shopping on April 07, 2023 in Bari, Italy. Inflation has eased in Italy but price pressures remain strong. Inflation in the euro zone…

UK housing market ‘facing strengthening headwinds’ as prices fall again

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. UK house prices have dropped again on an annual basis, and rising…

Greek company Mytilineos to launch Canada’s largest solar farm in Alberta

theglobeandmail.com One of Greece’s top industrial and power companies is launching a $1.7-billion solar-energy project in Alberta that it says will be the largest of its kind in Canada.…

Climate change could become a major inflation driver in the next decade

fortune.com Last summer, a blistering heatwave in Europe caused crops to wilt, rivers to dry up, and workers to stay indoors to escape scorching temperatures. The economic blow was…

EU officials sign Markets in Crypto-Assets framework into law

cointelegraph.com Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers. On May 31, Sweden’s…

Nvidia Does All The Heavy Lifting, Can't Prop Up Market Forever

zerohedge.com Nvidia Does All The Heavy Lifting, Can't Prop Up Market Forever By Ven Ram, Bloomberg markets live reporter and strategist What stock trades at almost 50 times its…

Bitcoin is on track for its first monthly drop of the year, stalling 2023's huge rally as macro uncertainty builds

businessinsider.com Bitcoin is still up largely since the start of 2023, however, surging 65% year-to-date. Umit Turhan Coskun/Getty Images Bitcoin is down about 4% in May, heading for its…

Top Central Banks Approaching Critical Go-Forward Mark With CBDC Research

pymnts.com It is a time of profound, sweeping changes across finance, technology, and society. As money and other alternative payment vehicles continue to ride the ever-cresting wave…

Dollar hits highest since mid-March on cooling European inflation

investing.com WASHINGTON/LONDON (Reuters) - The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected…

UK and US poised to fall into recession as interest rates dampen growth

theguardian.com Stubbornly high inflation and higher borrowing costs are poised to drive the economies of the UK, Germany and US into recession, the leading rating agency Moody’s has…

Stocks Fall on China Economy Worries; Bonds Gain: Markets Wrap

yahoo.com US equity futures declined along with European stocks and commodities from oil to iron ore slumped as China’s economic woes weighed on investor sentiment. Bonds gained. •…

Will Shiba inu coin price go up, experts are bullish on hybrid exchange Tradecurve.io

cryptodaily.co.uk Germany has officially entered a recession after growth contracted in the first quarter. With Germany leading the European Union’s economy, many expect that Germany could…

Futures Slump On Dismal Chinese PMIs, Rates Slide As European Inflation Stalls

zerohedge.com Futures Slump On Dismal Chinese PMIs, Rates Slide As European Inflation Stalls US equity futures are lower and flirting with 4,200 after another round of very ugly economic…

ECB's de Guindos warns financial markets are vulnerable to a sharp sell-off

cnbc.com Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central Bank Vice-President Luis de Guindos told CNBC on…

Dollar hits highest since mid-March as European inflation cools

reuters.com LONDON/TOKYO, May 31 (Reuters) - The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than…

Stocks Waver on China Economy Worries; Bonds Gain

financialjuice.com Due to China's economic problems, European equities and US equity futures recovered some of their losses, while bonds gained amid signals of decreasing inflation. - The…

Morning Bid: China factory fright, dollar surges

reuters.com A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of the global economy hoves back into view - with…

Shares drop ahead of US debt ceiling vote; China data rattles nerves

investing.com Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S. debt ceiling, while commodities and the came under pressure after data highlighted…

BOJ normalisation could strain global bond markets: ECB

reuters.com Policy normalisation by the Bank of Japan could test the resilience of global bond markets, the European Central Bank warned on Wednesday in an unusually strong message…

French Inflation Eases

wsj.com French inflation fell more than expected in May, on a slowdown of energy, food and services prices, though still remains stubbornly above the target set by the European…

Forward guidance could become trap for central banks-economist

reuters.com Central banks risk being late in arresting inflation if they rely too much on forward guidance - a tool used to communicate the future path of monetary policy, a widely…

European stocks lower; Chinese manufacturing data, European inflation in focus

investing.com Investing.com - European stock markets traded sharply lower Wednesday after disappointing Chinese manufacturing data weighed on sentiment, with key regional inflation data…

Marketmind: Back to data watching, with US debt bill on track

reuters.com A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill clearing an important procedural hurdle en route to a vote in the…

Faced With New Round Of Demonetization Indians Turn To Gold

zerohedge.com Faced With New Round Of Demonetization Indians Turn To Gold Authored by Michael Maharrey via SchiffGold.com, The Indian central bank has announced another round of…

European Union’s Digital Euro May Run on UTXO

blockworks.co The European Union prototyped how a digital euro would work, according to a report published in late May. The back-end prototype and settlement engine, which was designed by…