Eurozone

EuroZone

Welcome to our EuroZone Blogs Section.

The collective group of countries which use the Euro as their common currency. The Eurozone came into being in 1999, and originally consisted of 11 countries. Now 17 countries are members of the Eurozone. The Eurozone does not include every country in the European Union (some countries are not yet using the Euro), and does not include every country who is using the Euro (to become part of the Eurozone, the country must use the Euro as its sole legal currency). As a currency union, monetary rules are created and maintained by the European Central Bank.

This term refers to the economic area, also known as Euroland, comprising the 17 countries that have adopted the euro.
The 17 countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal,Slovakia, Slovenia and Spain.

Below is the latest news and information blogs about EuroZone.

Euro nudges higher as U.S.-China trade talks calm market nerves By Reuters

© Reuters. Illustration photo of U.S. Dollar and Euro notes By Tommy Wilkes LONDON (Reuters) – The euro rose for a second day in a row on Friday as hopes that next week’s talks between the United States and China will ease trade tensions between the two pushed the dollar lower. The Turkish lira’s continued recovery helped some emerging market currencies, although the slipped slightly after Thursday’s big rise, underlining investor nervousness about volatility in developing markets. The euro has…

0
Read More

LIVE MARKETS-U.S. futures suggest follow-through in doubt – Finance News

* European stocks slide * Maersk rises after co says to spin off drilling * Semiconductor stocks under pressure after weak Applied Materials forecast LONDON, Aug 17 (Reuters) – Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net FUTURES SUGGEST FOLLOW-THROUGH IN DOUBT (1240 GMT) U.S. stock futures suggest major averages are poised…

0
Read More

Eurozone Flash Inflation Data Due

Final inflation and current account from euro area are due on Friday, headlining a light day for the European economic news. At 3.00 am ET, Turkey’s consumer confidence data is due for August. At 4.00 am ET, the European Central Bank releases euro area current account data for June. The current account surplus totaled EUR 22.4 billion in May. In the meantime, Poland’s average gross wages are due. Economists forecast gross wages to climb 7.6 percent on year in July…

0
Read More

Copper eases after rally, set for biggest weekly loss…

Copper eases after rally, set for biggest weekly loss since early July By Reuters Published: 22:04 EDT, 16 August 2018 | Updated: 22:04 EDT, 16 August 2018 SINGAPORE, Aug 17 (Reuters) – London copper prices ticked lower on Friday, shedding last session’s gains which were triggered by reports of Washington-Beijing trade talks and a recovery in Turkey’s currency. FUNDAMENTALS * The benchmark copper on the LME was down 0.3 percent at $5,920.50 a tonne, as of 0141 GMT, after climbing…

0
Read More

GRAINS-Soybeans ease after rally, wheat supported by…

GRAINS-Soybeans ease after rally, wheat supported by tightening world supplies By Reuters Published: 21:29 EDT, 16 August 2018 | Updated: 21:29 EDT, 16 August 2018 SINGAPORE, Aug 17 (Reuters) – Chicago soybeans dipped on Friday after climbing to a one-week top in the last session as planned Washington-Beijing trade talks boosted hopes of Chinese buyers resuming purchases of U.S. cargoes. Wheat was little changed after rising nearly 2 percent on Thursday as tightening supplies in Europe and the Black Sea…

0
Read More

Gold inches up, but set for biggest weekly fall in 15…

Gold inches up, but set for biggest weekly fall in 15 months By Reuters Published: 21:09 EDT, 16 August 2018 | Updated: 21:09 EDT, 16 August 2018 BENGALURU, Aug 17 (Reuters) – Gold prices edged higher in early trade on Friday as dollar held steady, but the metal remained on track to post its biggest weekly decline since May 2017. FUNDAMENTALS * Spot gold rose 0.3 percent at $1,177.38 an ounce, as of 0047 GMT. In the previous session, the…

0
Read More

LIVE MARKETS-Closing snapshot: not a flamboyant recovery – Politics News

* European shares rise, Italy’s FTSE MIB falls 1.5 pct * U.S., China to hold next round of trade talks in late August * Atlantia shares down 20 pct on motorway collapse fallout LONDON, Aug 16 (Reuters) – Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: NOT A FLAMBOYANT RECOVERY…

0
Read More

Italy slams bridge company, EU for deadly collapse

‘Queen of Soul’ Aretha Franklin dies at 76 Read more Italy slams bridge company, EU for deadly collapse Read more US news outlets denounce Trump’s war on press Read more Incumbent President Keita wins re-election in Mali Read more Malaysia court rules N. Korea murder trial can proceed Read more Jailed Lula registers to run for Brazil presidency Read more Rescue teams toil on Italy bridge collapse site Read more Ex-Trump aide Manafort lied, hid income, say prosecutors Read more…

0
Read More

Euro zone June trade surplus falls by less than expected

BRUSSELS (Reuters) – The euro zone’s surplus for goods traded with the rest of the world fell by less than forecast in June, European statistics office Eurostat said on Thursday, suggesting the bloc may be weathering international trade frictions better than expected. While fears of a disruptive trade war between the EU and the United States spooked markets in the second quarter of the year, such concerns subsided after U.S. President Donald Trump and EU Commission President Jean-Claude Juncker struck…

0
Read More

Eurozone Trade Surplus Falls Slightly In June

Euro area trade surplus decreased for a third straight month in June, albeit slightly, preliminary data from Eurostat showed Thursday. The seasonally adjusted trade surplus fell to EUR 16.7 billion from EUR 16.9 billion in May. Economists had expected the figure to remain unchanged at May’s level. Exports rose 1.6 percent month-on-month and imports grew 1.8 percent. On a non-seasonally adjusted basis, the trade surplus decreased to EUR 22.5 billion from EUR 25.7 billion in the same month last year.…

0
Read More

UPDATE 1-High-grade euro zone yields edge higher as Turkey crisis cools

* Turkey relief improves risk sentiment * Demand for safe-haven German Bunds recedes * Euro zone yields up 1-2 bps across the board * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Rewrites to reflect change in yields, adds background, quotes) By Abhinav Ramnarayan LONDON, Aug 16 (Reuters) – Euro zone bond yields rose from one-month lows on Thursday as a currency crisis in Turkey eased, reducing demand for safe-haven assets such as government debt. Yields on German bonds, considered one…

0
Read More

GRAINS-Corn eases for second day on supply pressure

GRAINS-Corn eases for second day on supply pressure By Reuters Published: 21:39 EDT, 15 August 2018 | Updated: 21:39 EDT, 15 August 2018 SINGAPORE, Aug 16 (Reuters) – Chicago corn futures lost more ground on Thursday with prices being pressured by expectations of a bumper U.S. harvest and a strong dollar. Wheat was largely unchanged after edging lower in the previous session. FUNDAMENTALS * Prices for wheat, corn and soybeans have lost ground since a bearish U.S. Department of Agriculture…

0
Read More

Base metals claw back ground on fresh U.S.-China trade…

Base metals claw back ground on fresh U.S.-China trade talks By Reuters Published: 00:44 EDT, 16 August 2018 | Updated: 00:44 EDT, 16 August 2018 BEIJING, Aug 16 (Reuters) – London base metal prices on Thursday bounced back from a broad sell-off in the previous session, while the Shanghai complex pared early losses on news of fresh U.S.-China trade talks. A Chinese delegation led by Vice Commerce Minister Wang Shouwen will travel to the United States for talks in late…

0
Read More

Shanghai metals plunge on global growth fears,…

Shanghai metals plunge on global growth fears, Escondida deal By Reuters Published: 22:09 EDT, 15 August 2018 | Updated: 22:09 EDT, 15 August 2018 BEIJING, Aug 16 (Reuters) – Shanghai base metals dropped sharply on Thursday, with copper and zinc plumbing fresh one-year lows after a broad sell-off in London in the previous session before bouncing back slightly on news of fresh U.S.-China trade talks. Markets continue to be spooked by global trade tensions, fearing they could hurt demand for…

0
Read More

Gold prices sink to 19-month low amid strong dollar

Gold prices sink to 19-month low amid strong dollar By Reuters Published: 21:34 EDT, 15 August 2018 | Updated: 21:34 EDT, 15 August 2018 BENGALURU, Aug 16 (Reuters) – Gold prices shed over one percent on Thursday to hit their lowest in more than 19 months, with the U.S. dollar holding steady near a recent peak as concerns about a Turkey crisis and China’s economic health weighed on emerging market currencies. FUNDAMENTALS * Spot gold was down 0.8 percent at…

0
Read More

FOREX-Dollar vaults to year-high as Turkey crisis troubles euro – Macroeconomic News

* Dollar strengthened by euro’s fall on Turkey fears * Lira recovers ground to trade below 6 to the dollar * Pound at 13-month low after wage growth data underwhelms * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Adds quote, updates prices) By Tom Finn LONDON, Aug 15 (Reuters) – The dollar rose on Wednesday to its highest levels in over a year as the Turkish lira crisis continued to trouble emerging markets feeding demand for the greenback as a…

0
Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links