Euro-area growth slowed in line with economists' projections in the second quarter, underpinning an assessment by the European Central Bank that patience is needed to judge what kind of damage Brexit will inflict on the 19-nation region.
The International Monetary Fund (IMF) missed signs of a banking calamity, lacked independence and failed to hold countries to account, the organization's internal watchdog said in a report that sharply criticized its handling of the euro zone debt crisis.
The pound dropped the most in two weeks against the euro as traders anticipated that the Bank of England will lower interest rates for the first time in more than seven years when it announces its latest policy decision on Aug. 4. Sterling fell versus ...
Euro zone economic sentiment improved this month, defying expectations for a decline, and German unemployment fell more than anticipated, supporting views that the bloc has so far shrugged off the impact of Brexit.
German 10-year bond yields - the euro zone bellwether - rose 2 basis points to minus 0.13 percent, while the Japanese equivalent was up 9 bps at minus 0.19 percent , its biggest daily rise in three years.