Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04, while bond yields fell. The ECB-Fed policy gap widens as Powell signals "no rush" for rate cuts.

Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday. Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone,

Gross domestic product in the 20 nations sharing the euro was unchanged compared with the previous quarter, falling short of expectations for a 0.1% expansion in a Reuters poll.

AUD/USD is defending minor bids above 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the latest tariff threat from US President Trump on Chinese imports. Further, increased bets for February RBA rate and China's economic woes remain a drag on the pair. US PCE eyed.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.

Despite not reaching pre-pandemic levels, the number of flights in the EU increased by nearly 6% last year. But is it the only challenge aviation is facing? View on euronews

The euro zone unexpectedly stagnated at the end of last year as government collapses in its top two economies bruised confidence among businesses and consumers.Most Read from BloombergManhattan’s Morn

The European stock markets closed higher in Thursday trading as The Stoxx Europe 600 rose 0.90%, Germany's DAX gained 0.41%, the FTSE 100 in London increased 1.04%, France's CAC 40 was up 0.88%, and the Swiss Market Index closed 0.

Economic growth in the eurozone slowed to a halt in the fourth quarter, dragged by contractions in two of its major economies, France and Germany,

Europe's economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday.

Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output

Pedestrians wait for a street signal on a sidewalk as an electronic billboard shows the Shanghai and Shenzhen stock indexes in Shanghai, China January 21, 2025. REUTERS/Go Nakamura/File Photo Wall ...