Euro – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Fri, 11 Aug 2023 13:40:44 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Euro – Advisor's Edge https://phoenix.advisor.ca 32 32 Europe’s economy shrank. For households that are hurting, it’s just numbers https://phoenix.advisor.ca/news/economic/europes-economy-shrank-for-households-that-are-hurting-its-just-numbers/ Thu, 08 Jun 2023 15:35:32 +0000 https://www.advisor.ca/?p=226455 The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023

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]]> China, central bank digital currencies may chip away at dollar’s dominance: TD https://phoenix.advisor.ca/news/economic/china-central-bank-digital-currencies-may-chip-away-at-dollars-dominance-td/ Wed, 31 May 2023 18:45:23 +0000 https://www.advisor.ca/?p=226160 Global preeminence of the U.S. dollar facing multiple challengers

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]]> ECB rate hikes to go higher than expected: Fitch https://phoenix.advisor.ca/news/economic/ecb-rate-hikes-to-go-higher-than-expected-fitch/ Fri, 13 Jan 2023 19:10:52 +0000 https://www.advisor.ca/?p=220732 Stronger core inflation expected to drive higher rates in euro area

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]]> Europe’s inflation slows again but cost of living still high https://phoenix.advisor.ca/news/economic/europes-inflation-slows-again-but-cost-of-living-still-high/ Fri, 06 Jan 2023 16:25:03 +0000 https://www.advisor.ca/?p=220481 December rate of 9.2% down from 10.6% in October but energy prices up 25.7%

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]]> Europe sees fastest pace of rate hikes since euro launched https://phoenix.advisor.ca/news/economic/europe-sees-fastest-pace-of-rate-hikes-since-euro-launched/ Thu, 27 Oct 2022 16:33:40 +0000 https://www.advisor.ca/?p=215568 The ECB raised interest rates again on Thursday, with more expected to come

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]]> Europe’s outlook ‘darkening,’ ECB head hedges on recession https://phoenix.advisor.ca/news/economic/europes-outlook-darkening-ecb-head-hedges-on-recession/ Mon, 26 Sep 2022 18:32:36 +0000 https://www.advisor.ca/?p=214243 Christine Lagarde said the bank's baseline scenario was subdued economic growth

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]]> Inflation hits 9.1% in countries using euro currency https://phoenix.advisor.ca/news/economic/inflation-hits-9-1-in-countries-using-euro-currency/ Wed, 31 Aug 2022 16:08:03 +0000 https://www.advisor.ca/?p=213231 Energy prices rose 38.3% in August in euro zone

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]]> Inflation hits record 8.9% in euro area, but economy grows https://phoenix.advisor.ca/news/economic/inflation-hits-record-8-9-in-euro-area-but-economy-grows/ Fri, 29 Jul 2022 14:33:23 +0000 https://www.advisor.ca/?p=212223 ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone

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]]> Europe’s central bank backs larger than expected rate hike https://phoenix.advisor.ca/news/economic/europes-central-bank-backs-larger-than-expected-rate-hike/ Thu, 21 Jul 2022 17:13:11 +0000 https://www.advisor.ca/?p=211970 Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%

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]]> Europe’s central bank ready to ‘stamp out’ surging inflation https://phoenix.advisor.ca/news/economic/europes-central-bank-ready-to-stamp-out-surging-inflation/ Tue, 28 Jun 2022 15:01:14 +0000 https://www.advisor.ca/?p=211254 The ECB will end asset purchases on Friday that worked to boost the economy

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