Asked if the several bank collapses across the US and Switzerland could spread to the eurozone, the chief economist argued that banks were well capitalised with ample liquidity.

Source: https://www.irishexaminer.com/business/economy/arid-41104465.html

But it has fallen, with the latest slide coming as the post-Covid recovery in China falters and the eurozone faces recession, while concerns persist over the outlook in the US and the UK.

Source: https://www.dailymail.co.uk/money/markets/article-12763071/Petrol-price-hope-oil-keeps-falling.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Cash usage in the eurozone fell from 79 percent of transactions in 2016 to 59 percent in 2022, hastened in part by the pandemic, according to ECB data.

Source: https://www.hurriyetdailynews.com/ecb-greenlights-next-stage-of-digital-euro-project-187173

Commentators seem convinced the ECB will have to start cutting rates as soon as next March as a result of plummeting inflation and a flagging eurozone economy.

Source: https://www.independent.ie/business/personal-finance/canny-savers-now-switching-money-to-accounts-offering-interest-rates-as-high-as-259pc/a2074571466.html

Core inflation in the eurozone hit a record in March, a setback for central bankers whose rapid interest-rate rises have exacerbated financial sector strains and caused pains in part of the bloc’s economy.

Source: https://biztoc.com/x/3f0a5fd043d910ae?ref=ff

Energy prices in the eurozone, however, dipped further in September, falling by 4.7 percent on the back of a drop of 3.3 percent the previous month.

Source: https://www.legit.ng/business-economy/1556259-eurozone-inflation-falls-year-low/

Germany is one of the 20 countries that uses the euro currency, and inflation figures for that wider eurozone will be reported on Thursday.

Source: https://www.alloaadvertiser.com/news/national/23558924.german-inflation-slows-6-1-may---though-food-prices-still-surging/?ref=rss

Having dipped into recession at the beginning of the year, Germany looks set to finish the year in the red -- and at the back of the pack among its eurozone competitors.

Source: https://www.thelocal.de/20230625/german-economy-bids-goodbye-to-years-of-plenty

Inflation data for the eurozone could also cool down due to softness in energy prices, but the Core CPI is expected to rise.

Source: https://www.forexlive.com/news/market-outlook-for-the-week-of-27-31-march-20230327/

Inflation in the eurozone picked up last month.

Source: https://www.independent.ie/business/irish/taoiseach-says-mortgage-interest-relief-being-considered-as-fresh-ecb-rate-hike-sparks-more-pain-for-homeowners/a318897236.html

It’s the first report on consumer prices with data from Croatia, which joined the eurozone on Jan.

Source: https://krdo.com/news/ap-national-news/2023/02/01/european-inflation-eases-for-3rd-month-but-prices-still-bite/

Not wishing to spoil good news at this time of year, but the rate is still twice the target inflation rate of two per cent; it is also a full percentage point higher than the average eurozone rate and two points higher than the rate.

Source: https://www.farminglife.com/country-and-farming/time-of-year-for-who-should-be-on-nice-or-naughty-lists-4455534

Over the past decade, China has been the source of more than 40 percent of global economic growth, compared with 22 percent from the United States and 9 percent from the eurozone, according to BCA Research.

Source: https://www.nytimes.com/2023/08/21/business/china-economy-real-estate-crisis.html

The country is on track to achieve one of the only surpluses in any eurozone member this year and next, driving competing calls on Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe to spend big.

Source: https://www.irishexaminer.com/business/economy/arid-41243371.html

The dollar traditionally performs well at the start of the year and with the eurozone in recession, the first quarter may be too early to see a decisive turn higher in EUR/USD.

Source: https://seekingalpha.com/article/4652290-g10-fx-outlook-2024-dollar-long-goodbye?source=feed_all_articles

The euro fell on Thursday after eurozone inflation eased, raising the likelihood of a modest 25-bp increase in May.

Source: https://www.marketpulse.com/20230303/euro-steady-punches-back-above-1-06/kfisher

The European Central Bank has carried out 10 straight rate rises but is now signalling that eurozone borrowing costs may have reached a peak.

Source: https://business.inquirer.net/422255/bank-of-england-faces-rate-hike-dilemma

The International Monetary Fund in October forecast the U.S. economy would grow by 1.5% in 2024, compared to 1.2% for the eurozone and 4.2% for China.

Source: https://www.thehindubusinessline.com/markets/forex/2024-outlook-king-dollar-vulnerable-amid-fed-pivot/article67689853.ece

The OECD expects the collective growth of the eurozone to amount to 0.9% next year – weak but still an improvement over a predicted 0.6% growth in 2023.

Source: https://www.advisor.ca/economy/economic-indicators/world-economy-expected-to-slow-due-to-inflation-high-rates-and-war-oecd/

“There doesn’t seem to be a strong growth driver in sight,” said Carsten Brzeski, chief eurozone economist at ING bank.

Source: https://www.thenationalherald.com/germanys-economy-shrank-and-its-facing-a-spending-crisis-thats-spreading-more-gloom/