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.

MT NewswiresJul 22 04:25 ET

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.

WSJJul 19 05:41 ET

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.

MT NewswiresJul 19 05:35 ET

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.

Yahoo FinanceJul 19 05:21 ET

German Bund Yields Could Swing Lower If Next Week's Eurozone PMI Data Is Weak -- Market Talk

Eurozone purchasing manager survey data next Wednesday could push German Bund yields lower after they have been largely moved by U.S. data in the past few months, rates strategists at Barclays Research say in a note. "Bullish impulses from the U.S. in the past couple of months have been a key factor in pushing Bund yields lower as domestically there is little impulse to generate a sustained move in either direction," they say. Next week's PMI data could be crucial, and if the market sees another month of weakness following the June downside surprise, Bunds could start generating bullish impulses of their own, the strategists say. The 10-year Bund yield is trading 2 basis points higher at 2.407%, according to Tradeweb.

WSJJul 19 04:42 ET

Spanish Trade Deficit Declines in May

Spain's trade deficit fell to 2.35 billion euros in May from 3.11 billion euros a year earlier, government data showed Friday.Exports grew 2.3% year over year, while imports flatlined.

MT NewswiresJul 19 04:41 ET