Oil above one hundred dollars, a new normal for the West?
In the oil world, there is not a single price. The financial market focuses on Brent and WTI, traded in London and New York, respectively....
Tag: EU
The ECB raises its rates and announces the end of the cycle
The rate for the main refinancing operations is thus increased from 4.25% to 4.5%, and the deposit rate is raised to 4%, up from the...
A slump in the Eurozone economy
Growth barely increased in the second quarter, with GDP only rising by 0.1%, as opposed to the initial estimate of 0.3% at the end of...
Could inflation do what the polls couldn’t: bring down Erdogan?
With the rise in food and energy prices, the pace of annual price increase climbed to 58.9% last month, up from nearly 48% in July,...
The ECB: “Should I stay or should I go”
Inflation in France accelerated in August, bolstering evidence of persistent pressures in the region. Consumer prices in the second largest economy of the Eurozone increased...
The ECB Lost in Translation
While Christine Lagarde acknowledged last week that inflation remains undefeated, she did not address the prospects for the meeting on September 14, thus allowing her...
European gas surges as Chevron receives a strike notice in Australia
Natural gas prices in Europe have surged after Chevron announced strikes at its liquefied natural gas export plants in Australia. Unions have initiated protest action...
What next for the ECB
The worsening economic slowdown in the eurozone is fueling bets on a September pause by the ECB The contraction of private sector activity in the...
The European banking sector under pressure?
The European Central Bank is set to test the resilience of the continent’s banking sector by requiring lenders to repay around 500 billion euros of...