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The European Central Bank is widely expected to kick off its 2025 meetings with another interest rate cut on Thursday, as traders aim to gauge how far the central bank is willing to diverge from a stalled Federal Reserve. Money markets on Wednesday were pricing in 35 basis points worth of rate cuts for the … Read more
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency … Read more
This photograph taken in Davos on January 22, 2025 shows the logo of the World Economic Forum (WEF) annual meeting. Fabrice Coffrini | Afp | Getty Images European business leaders have broadly sought to downplay concerns about the prospect of a transatlantic trade war at this week’s World Economic Forum in Davos. U.S. President Donald … Read more
U.S. President Donald Trump delivers remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters Politicians from around the world gathered for the second day of the World Economic Forum in Davos, Switzerland on Wednesday, and there was one name on everyone’s lips: Donald … Read more
Europe must “be prepared” and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday. She said the fact that Trump had not imposed blanket tariffs on the first day of his presidency was a “very smart approach … because blanket tariffs are … Read more
LONDON — European stocks are expected to open higher Wednesday, continuing positive sentiment seen in global markets since the start of the week. The U.K.’s FTSE index is expected to open 7 points higher at 8,557, Germany’s DAX up 98 points at 21,140, France’s CAC 40 up 13 points at 7,786 and Italy’s FTSE MIB up … Read more
US President Donald Trump speaks to journalists as he signs an executive order regarding Department of Government Efficiency (DOGE), in the Oval Office of the White House in Washington, DC, on Jan. 20, 2025. Jim Watson | AFP | Getty Images Richard Edelman, Edelman “I think Trump gives America a really good chance to revive … Read more
LONDON — European stocks are expected to open slightly higher Tuesday as traders digest the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The U.K.’s FTSE index is seen opening 10 points higher at 8,531, Germany’s DAX up 4 points at 21,004, France’s CAC 40 7 points higher at 7,740 and … Read more
Elon Musk’s plan to host a chat with the leader of the Alternative for Germany (AfD) party on his X social media platform has angered European politicians— but they’ll struggle to stop him. The tech billionaire is set to speak on Thursday with Alice Weidel, head of the AfD — Germany’s far-right party. It is … Read more
The company said low steel prices on international markets due to “record Chinese exports” was a major reason for the move. Read More
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4