Euro Zone factory activity declines

Source: Dukascopy Bank SA
Purchasing Managers Index made by HCOB for the Euro Zone has revealed that the index continues to show a decline in the industry by showing a reading of 45.8.
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Tue, 03 Sep 2024 06:37:30 GMT

No inflation in Switzerland

The Swiss Federal Statistics Office has published the Swiss monthly inflation data. Inflation in Switzerland has stalled. The Swiss Franc is reacting to the news by declining.

Thu, 05 Sep 2024 09:30:04 GMT

ECB at odds over downturn

Reuters has reported that the European Central Bank policymakers were at odds between a potential recession that would require rate cuts and a return of inflation that could be caused by cutting too early.

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