“The euro is the currency of the largest economy in the world, but it gets little respect…” Read full story here.
Investing.com Investing.com U.S. stock markets pointed to strong gains at the open on Monday, with the Dow futures briefly jumping more than 200 points as a rebound in oil prices boosted market sentiment. The blue chip Dow futures climbed Read More: Wall Street points to higher open; Dow futures jump 200 points
Investing.com Investing.com The Investing.com weekly sentiment index published on Monday revealed that speculators scaled back their bullish bets on the U.S. dollar in the week ending February 19. According to the report, 34.8% of investors held long positions in Read More: Investing.com sentiment index: speculators less bullish on U.S. dollar
Investing.com Investing.com European stocks opened sharply higher on Monday, tracking their Asian counterparts as a rebound in oil prices boosted market sentiment and as investors awaited the release of euro zone manufacturing and service sector data later in the Read More: European stocks open sharply higher, eyes on E.Z. data; Dax jumps 1.67%
Investing.com Investing.com Economic activity in the euro zone fell to the lowest level in more than a year in February and deflationary pressures intensified, adding to concerns over the health of the region’s economy, preliminary data showed on Monday. Read More: Euro zone composite PMI slumps to 13-month low in February
Investing.com Investing.com French private sector activity grew at the slowest pace in more than a year in February, underlining concerns over the economic outlook of the euro zone’s second largest economy, preliminary data showed on Monday. Markit said that Read More: French private sector output slips into contraction in February