Tag: europe

Will trade conditions between Germany and China tighten?

The German side wants to develop a new trade strategy towards China. The aim will be to reduce dependence on the Asian giant.

Does Europe have more oil than it needs?

It is possible that we have reached a point where European refineries now have more oil than they need. This is due to fear of shortages.

Climate disasters – Will a special fund be set up for them?

It looks like the European Union's proposal to address the funding situation for countries affected by climate disasters could pass.

UK raises windfall tax on energy companies to 35%

Windfall tax is being introduced in a large number of states. The UK was one of the first and is now increasing its tax.

Germany’s gas reservoirs are 100% full

Germany managed to fill its gas storage tanks to 100% before winter and continues to fill, how is that possible?

Poland and Germany nationalize Gazprom’s domestic assets

Both European countries will nationalize Russian Gazprom's assets on their territory. Is this a step towards better security?

The EU will need up to €500 billion for its nuclear energy

Nuclear energy is a big topic in Europe. However, large investments will be needed just to maintain existing capacities.

Greece imposes windfall tax on energy firms

Greece is another country that has decided to impose taxes on the excessive profits of energy companies. What will they do with the money?

Is Europe facing a 30% drop in gas prices?

Goldman Sachs expects to see gas prices in Europe fall by up to 30% in the coming months. Is this realistic?

DAX awaits Fed meeting below key selling zone

Today, the German DAX index is expected to trade in a narrow range as investors await the Fed meeting later in the session.

Saudi National Bank will buy a 9.9% stake in Credit Suisse

Credit Suisse is in potential trouble, which is bad news for the situation in Europe. However, help is partly coming from Saudi Arabia.
EUR/USD weakens again, targets 0.98
EURUSD
0.55%

EUR/USD weakens again, targets 0.98

Weak macro data and high inflation numbers from EU prompted another day of selling in the EUR/USD pair.