Tag: europe

EUR/GBP stays above significant support

EUR/GBP stays above significant support

So far, the 0.87 support has held, offering some nice momentum for the bulls.
Poland surprisingly does not raise its interest rates

Poland surprisingly does not raise its interest rates

Neither the neighbouring Czech Republic nor Hungary are likely to raise rates. Is this the end of interest rate hikes?
Azerbaijan urges to increase gas pipeline capacity to Europe

Azerbaijan urges to increase gas pipeline capacity to Europe

Azerbaijan has begun talks with partners to double the capacity of its gas pipelines to Europe. Could this be a lifeline for Europe?
DAX erases Wednesday’s gains, remains bearish

DAX erases Wednesday’s gains, remains bearish

Another batch of week data and rising inflation sent EU stocks lower.
UK records highest food inflation in history

UK records highest food inflation in history

Food prices are rising globally along with energy prices. The UK is now seeing the highest rate of inflation in this category.
EUR/USD remains offered, targets 0.95

EUR/USD remains offered, targets 0.95

It looks like another bearish day for the single currency as the USD remains unstoppable.
Severe explosions damage Nord Stream pipelines

Severe explosions damage Nord Stream pipelines

Swedish and Danish gauging stations massive underwater explosions where the Nord Stream pipeline subsequently started leaking gas.
Poland has enough gas and coal for the winter

Poland has enough gas and coal for the winter

Poland has secured supplies of natural gas and coal for the upcoming winter heating season. It managed to do so without Russian supplies.
Mercedes is making parts to stock up – afraid of gas

Mercedes is making parts to stock up – afraid of gas

Mercedes-Benz is worried about possible gas rationing in the winter. It is therefore manufacturing parts for inventory.
How are central banks behaving now?

How are central banks behaving now?

Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.