CNBC Franchise Archive Europe: Economy

More

  • WASHINGTON— The Obama administration asserted Wednesday that a Supreme Court order delaying enforcement of its new clean-power rules will ultimately have little impact on meeting the nation's obligations under the recent Paris climate agreement. They are concerned that any significant pause in implementing mandated reductions in carbon dioxide...

  • GENEVA— Organizers of the World Economic Forum, which holds an annual meeting in Davos, Switzerland, have postponed a similar conference planned to take place in Egypt this spring over security concerns. The WEF Middle East and North Africa conference generally alternates between Jordan and Egypt from year to year and welcomes dignitaries and high-ranking...

  • LONDON/ ROME, Feb 10- Europe's top four economies suffered steeper drops in industrial output during December than any analyst had forecast, a grim sign for the global economy as it struggles to sustain momentum. Wednesday's industrial output data for Britain, France and Italy followed news a day earlier of a shock plunge in Germany, setting back expectations...

  • REIGATE, England, Feb 10- Unsure how a misfiring global economy is affecting matters at home, Bank of England chief Mark Carney has turned to an age-old gauge of Britain's economy: the word on the street from a trusted band of regional agents. "You get all that sort of background that certainly doesn't come from reading statistics," Martin Weale, an external member of...

  • LONDON, Feb 10- The dollar struggled to climb off 3-1/ 2- month lows on Wednesday as worries over a global economic slowdown weighed and traders waited for more tips on the likely course of U.S. interest rates from Federal Reserve Chair Janet Yellen. Despite a shock move from the Bank of Japan to adopt negative interest rates two weeks ago, the yen hit a 15- month high...

  • Farmers from about 70 highway and road blockades around the country are planning to bring their protest to Athens on Friday and Saturday, in a confrontation with the left-wing government, which is struggling to implement austerity measures demanded by bailout lenders. Vangelis Boutas, head coordinator of the farmers' roadblocks, said the protesters want to...

  • MOSCOW— The head of the International Monetary Fund warned Ukraine on Wednesday that the organization would be unable to keep supporting the country financially if it doesn't step up its reform efforts. Ukraine relies on funding from the IMF and international donors as it battles deep economic problems, in large part resulting from the conflict in the...

  • *Gold hit $1,200.60/ oz on Monday. Federal Reserve Chair Janet Yellen will address Congress at 1330 GMT for the first time since hiking interest rates in December and is expected to insist that further rises this year remain on track, albeit at a slower pace. "The gold market will listen carefully to what Janet Yellen has to say it is not factoring in a 100 percent...

  • Janet Yellen

    Squawk Box Live in Europe is tracking market reactions to Janet Yellen's comments, which suggested the Fed wasn't ready to reverse rate policy.

  • Squawk Box Live tracked global asset markets Wednesday amid continued volatility across equity indexes.

  • WASHINGTON— Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy's growth and slow the pace of Fed interest rate hikes. She did concede, though, that negative rates, which central banks in Japan and Europe have recently imposed, are a tool the Fed has at least studied.

  • European stocks open higher with all eyes on Yellen Wednesday, 10 Feb 2016 | 1:31 AM ET
    European stocks open higher with all eyes on Yellen

    European equities opened slightly higher, as investors look towards Federal Reserve Chair Janet Yellen's testimony in front of Congress.

  • SINGAPORE, Feb 10- Gold rose for an eighth session out of nine on Wednesday, climbing towards a 7-1/ 2- month high as investors sought the safe-haven asset amid tumbling stock markets and concerns about the global economy. Spot gold was up 0.2 percent to $1,190.71 an ounce by 0310 GMT, after hitting an earlier intraday high of $1,194.06. Federal Reserve Chair Janet...

  • NEW YORK, Feb 9- The U.S. dollar fell sharply on Tuesday to its lowest level in nearly four months, as measured by an index of major currencies, with fears of a global economic slowdown pushing investors into safe-haven currencies like the Japanese yen and Swiss franc. The U.S. dollar index, which measures the greenback against a basket of world currencies, fell to...

  • U.S. CEO confidence at lowest since 2011 Tuesday, 9 Feb 2016 | 1:55 PM ET
    US CEO confidence at lowest since 2011

    Deke Digital founder and CEO Dave Maney discusses the latest YPO survey of CEO economic confidence across the globe.

  • BERLIN, Feb 9- In 2010, France's then Finance Minister Christine Lagarde urged Germany to boost economic demand at home and help weaker euro zone states recover from the global crisis. Those who say Germany is gradually rebalancing its economy, after decades of relying mainly on its exporters for growth, point to forecasts that domestic demand will account for...

  • The ETF Trade: Europe Finance ETFs Tuesday, 9 Feb 2016 | 10:18 AM ET
    The ETF Trade: Europe Finance ETFs

    Europe is bouncing back, but bank stocks are taking a beating.

  • LONDON, Feb 9- A sell-off in southern European bonds slowed on Tuesday as a market gauge of euro zone inflation hit a record low, raising pressure on the European Central Bank to ease monetary policy further. In addition to battling low inflation, the ECB is trying to weather the impact of a slowdown in global growth and turbulence in markets that have this week...

  • ATHENS, Feb 9- Greece and its international lenders must conclude a first assessment of the country's bailout reforms as quickly as possible, the government spokeswoman said on Tuesday. Talks between the mission chiefs from the European Union, International Monetary Fund, European Central Bank and the euro zone's bailout fund on reviewing Greece's progress...

  • Germany's DAX fell 1.1 percent to 8,879.40 while France's CAC 40 slid 1.7 percent. He met in Paris on Tuesday with his German counterpart, Jens Weidmann, along with the finance ministers of France and Germany for an economic conference. We think that this volatility of the Asian markets has spread to Europe, the eurozone, and the whole world.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.