Europe prepares for ‘America First’ push no matter who wins U.S. election

Europe prepares for ‘America First’ push no matter who wins U.S. election

Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, on Sept. 10, 2024. Allison Joyce | Bloomberg | Getty Images European politicians and policymakers are busy preparing for more American protectionism regardless of who emerges as … Read more

European Central Bank to cut interest rates days before Fed decision

European Central Bank to cut interest rates days before Fed decision

Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March 20, 2024.  Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of the U.S. Federal Reserve beginning … Read more

What a hung parliament in France could mean for markets

What a hung parliament in France could mean for markets

Initial indications on Sunday evening for the French parliamentary run-off vote threw up some big surprises, leaving political commentators contemplating a “hung parliament” scenario that could prove challenging for both policymaking and financial markets. France’s left-wing New Popular Front coalition is seen by some projections to gain the most seats in the election, with French … Read more

Stoxx 600, central bank decisions, UK retail sales

Stoxx 600, central bank decisions, UK retail sales

Shoppers and local residents on Church Street on June 02, 2024 in Godalming, United Kingdom.  Jack Taylor | Getty Images News | Getty Images LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on … Read more

France’s Macron calls for snap election after losing big to the far right in EU vote

France’s Macron calls for snap election after losing big to the far right in EU vote

French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May 21, 2024. Yoan Valat | Afp | Getty Images French President Emmanuel Macron on Sunday said he would dissolve the country’s parliament and call for a new legislative nationwide vote after … Read more

European Central Bank rate cut would be a mistake, economist says

European Central Bank rate cut would be a mistake, economist says

The President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Images The prospect of the European Central Bank diverging from the Federal … Read more

UK economic growth, February 2024

UK economic growth, February 2024

People shelters from the rain beneath a Union flag-themed umbrella as they walk past spring flowers in blossom, in St James’s Park in central London on April 10, 2024. Justin Tallis | Afp | Getty Images LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday, providing … Read more

UK economic growth, January 2024

UK economic growth, January 2024

People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district, on a sunny and mild day. Sopa Images | Lightrocket | Getty Images LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped unexpectedly. The headline figure was in … Read more