This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
After six consecutive quarters of decline, GDP in the Eurozone increased by 0.3% in Q2 2013. Economic activity is projected to expand further over the forecast horizon (+0.1% in Q3, +0.3% in Q4 2013 and +0.4% in Q1 2014) mainly on the back ...
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
Mono Ethylene Glycol (MEG) is a commodity product and used as feedstock in polyester industries and PET bottle industry. As such, the market for MEG generally moves in line with the polyester industry, especially in China where the need ...
The sharemarket suffered its biggest fall in more than three weeks yesterday and volatility soared as a controversial bank bailout plan in Cyprus threatened to reignite the European sovereign debt crisis. Cyprus proposed a tax on the ...
Tags: Investors, Cyprus Bank, economy
A Flare-up in Europe's debt crisis has sent the sharemarket to its second-largest sell-off in nine months as investors fret about a run on European banks. After a bull run for local stocks since June in a period of relative calm in ...
Tags: Europe's debt crisis, economy, Cyprus
The Australian dollar fell to its lowest level in almost three months during a weak night on global stock markets. At 6.30am AEDT the currency was trading at 103.14 US cents, down from 103.56 cents at yesterday’s local close. The ...
Tags: Australian Dollar Slumps, Eurozone Economies, Equipment