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Germany's Chemical Sector Sees Faltering Business Climate in June, Ifo Data Shows
The business climate in Germany's chemical industry worsened in June after four straight months of growth due to a decline in order backlog and demand for chemicals, the ifo Institute said Monday.
Singapore Dollar May Take Top Spot As Asia's Best-Performing Currency Again
The odds are growing for Singapore's dollar to be Asia's best-performing currency for a third straight year, as the central bank looks set to keep using a firm exchange rate to combat inflation.
Singapore Dollar Has Reasons to Win Asia's Currency Crown Again
The odds are growing for Singapore’s dollar to be Asia’s best-performing currency for a third straight year as the central bank looks set to keep using a firm exchange rate to combat inflation.
Eurozone Businesses Expect Wage Growth Slowing, ECB Survey Finds -- Update
Eurozone businesses expect wages to rise at a slower pace this year and next, a finding that will help reassure policymakers at the European Central Bank that inflation has been tamed.
ECB: Forecasters Revise Inflation, GDP Expectations in Q3
Professional forecasters updated their eurozone inflation and real gross domestic product growth expectations in the third quarter, according to a quarterly survey by the European Central Bank published Friday.
ECB Policymakers Back More Rate Cuts as Inflation Heads Back to Goal
Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB's goal next year.