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April 14, 2021

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4 charts show how the U.S. is on track for a faster economic recovery than Europe

CNBC
CNBC – For more and to sign up click here The sun sets on lower Manhattan and an American flag. Gary Hershorn | Corbis News | Getty Images LONDON — The United States is recovering faster from the economic shock caused by the coronavirus pandemic than countries in the European......

ECB doesn’t want a premature spike in borrowing costs, Dutch governor says

CNBC
CNBC – For more and to sign up click here A woman walks past a closed cafe as Rome becomes a ‘red zone’, going into lockdown, as the country struggles to reduce the coronavirus disease (COVID-19) infections, in Rome, Italy, March 15, 2021. Yara Nardi | Reuters LONDON  — European......

Sterling sinks to two-week low vs euro, one-week low vs dollar

Reuters
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, April 7 (Reuters) – Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency pulled it to a week’s low against the dollar and its lowest......

How the Euro 2020 contenders look after international break

ESPN
World Cup qualifying began in earnest across Europe during the March international break, with plenty of shocks — Luxembourg over Ireland, North Macedonia over Germany — and plenty of powerful performances, too. Take the pair of 8-0 wins for Belgium (vs. Belarus) and Denmark (vs. Moldova) respectively, or Burak Yilmaz‘......

Euro zone inflation bounce masks weak trend: Lane

Reuters
FRANKFURT (Reuters) – The surge in euro zone inflation is driven by transient factors but underlying trends remain weak, so the European Central Bank needs to maintain copious support for the economy, ECB chief economist Philip Lane said on Thursday. FILE PHOTO: European Central Bank Chief Economist Philip Lane speaks......

Dollar extends four-month high to euro as recovery outlooks diverge

Reuters
TOKYO (Reuters) – The dollar hit a fresh four-month high to the euro on Thursday as the U.S. pandemic response continued to outpace Europe’s, which has been hobbled by extended lockdowns and delayed vaccine rollouts. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in......

Dollar extends four-month high against euro as recovery outlooks diverge

Reuters
TOKYO (Reuters) – The dollar hit a fresh four-month high against the euro on Thursday as the U.S. pandemic response continued to outpace Europe’s, which has been hobbled by extended lockdowns and delayed vaccine rollouts. U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration......

Euro U21 players to watch: Moukoko, Camavinga and more

ESPN
The UEFA European Under-21 Championship will have plenty of young talent on show. Harold Cunningham – UEFA/UEFA via Getty Images The UEFA European Under-21 Championship begins on Wednesday (watch LIVE on ESPN3 and ESPNU) and, due to the ongoing battle against COVID-19, the tournament being held in Hungary and Slovenia is a......

U.S. stimulus will cause ‘positive spillovers’ in Europe, ECB chief economist says

CNBC
CNBC – For more and to sign up click here LONDON — The $1.9 trillion coronavirus relief package in the United States is a “significant engine for the world economy” and will have positive spillover effects in the euro zone, the chief economist of the European Central Bank told CNBC.......

Services, food drive euro zone inflation in February

Reuters
FILE PHOTO: Full shelves with fruits are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin, Germany, March 17, 2020. REUTERS/Fabrizio Bensch BRUSSELS (Reuters) – More expensive services and food drove euro zone consumer inflation in February, offsetting cheaper energy, data from the European Union’s......

ECB plans to ramp up bond buying to tackle surging yields

CNBC
CNBC – For more and to sign up click here European Central Bank President Christine Lagarde. Handout | Getty Images News | Getty Images LONDON — The European Central Bank has said it expects to increase its bond purchases “significantly” next quarter, after bond yields rose in the region over......

Coronavirus curbs hit euro zone fourth-quarter GDP more than estimated quarter-on-quarter

Reuters
FILE PHOTO: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS BRUSSELS (Reuters) – The euro zone economy contracted more than previously estimated in the last three months of 2020 against the previous quarter, revised data showed on Tuesday, as......

Euro 2020, 100 Days Out: Will the tournament go ahead? Will fans be allowed?

ESPN
Euro 2020 is due to start in 100 days, on June 11, with Italy scheduled to face Turkey in Rome in the first game of a tournament that was postponed last year as a result of the COVID-19 pandemic. But with the vast majority of European countries under strict lockdown......

Pandemic pushes BA-owner IAG to a 4.4 billion euro loss in 2020

Reuters
LONDON (Reuters) – British Airways-owner IAG posted a loss of 4.37 billion euros ($5.31 billion) for 2020 after a year of minimal flying and burning through cash, and it warned on Friday it could not say what would happen in 2021. FILE PHOTO: British Airways aircraft are seen at Heathrow......

Euro zone corporate lending growth slows as monthly flows dry up

Reuters
FILE PHOTO: A woman walks past the European Central Bank (ECB) headquarter as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown and a demand by the German government for more home office possibilities in Frankfurt, Germany, January 28, 2021. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Lending to......

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