Economy News

Inflation reached new highs in November

According to Eurostat’s first monthly estimate released Tuesday, the eurozone’s inflation rate hit a new high of 4.9 percent year on year in November, still fueled by persistently rising energy prices. Rising energy expenses pushed consumer prices in the eurozone up, which increased 27.4% year on year in November. Eurostat has never before recorded such […]
Economy News Shares

European stock markets overview

The main European stock markets are expected to open slightly lower after the Asian markets and Wall Street’s news about index futures. As the Jackson Hole symposium begins this afternoon, caution should prevail. The speech of Fed Chairman Jerome Powell is highly anticipated. Investors will also react this afternoon to the second estimate of U.S. […]