EUR/AUD

The latest ‘flash’ S&P Global PMI® survey showed a third straight monthly decrease in German business activity in June, with the rate of contraction quickening slightly to the fastest seen for a year-and-a-half. The downturn reflected weakness in underlying demand and contributed to further job losses across the private sector. Elsewhere, the latest data ...

Business activity in France's private sector continued to decline in June, according to S&P Global 'flash' PMI data, stretching the current downturn into its sixth month. There was some reprieve, however, as the rate of contraction slowed sharply from May, with softer declines in output recorded in both the manufacturing and service sectors. Some other ...

Flash PMI® data from S&P Global signalled a near-stabilisation of business activity in Australia during June, following a slight reduction in the previous month. New orders continued to fall, however, amid market uncertainty. Meanwhile, business confidence dropped to the lowest since the COVID-19 pandemic. Inflationary pressures remained relatively ...

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference last Wednesday, new chair Kevin Warsh began to reverse some of those steps. ...

So many things about the Euro drive me nuts. There’s the fact that the ECB has been completely co-opted by high-debt countries - capping their government bond yields when the going gets tough like in the summer of 2022 - but then senior ECB officials have the nerve to give speeches on how it’s important to hold the line against fiscal dominance and moral ...

In June 2026, DG ECFIN’s flash estimate1 of the consumer confidence indicator2 continued its recovery in both the EU (+1.2 percentage points (pps) compared with May) and the euro area (+1.3 pps). At -17.0 (EU) and -17.7 (euro area), consumer confidence remains well below its long-term average. This month's Flash CCI for the EU aggregate is computed based on ...

video Date: 22/06/2026 • Reference: 20260622-1500-COMMITTEE-ECON • Category: Committees • Status: Planned • Location: ANTALL 2Q2

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ECB's Escriva: We need to monitor for second-round effect on wages

Last week, Kevin Warsh did his best to stay behind the curtain and deliver on his promise of a quieter Fed. The FOMC statement was cut by more than half, to 130 words; Warsh did not participate in the Summary of Economic Projections, which includes the dot plot, and at the press conference, he refused to elaborate on monetary policy or inflation beyond what ...