Euro zone economic growth faces its stiffest test in years as surging energy prices from the Middle East conflict threaten to tip the region into stagflation, Barclays warned in a recent note. Oil prices have risen 29% and gas prices 67% since Feb. 26, according to Barclays. If sustained, those mov»»»

Current spending is a cause for concern, and the question is whether the budget deficit can be maintained at 3%, Petar Chobanov, Bulgarian National Bank (BNB) Deputy Governor in charge of the Banking Department and member of the BNB Governing Council, said here on Tuesday. He was speaking at a foru»»»

The European Central Bank (ECB) will unveil today the outcomes of its comprehensive review of the operational framework designed to guide short-term interest rates. This overhaul is a strategic response to the evolving financial landscape, aimed at enhancing the central bank’s ability to control mo»»»

Japanese finance minister Shunichi Suzuki warned investors against selling the yen again on Thursday, saying authorities were closely watching moves. "I'm watching market moves with a sense of urgency, as before," he told reporters at his ministry. In cryptocurrencies, bitcoin last fell 0.04% to $3»»»

SINGAPORE : The dollar was firm on Thursday, hovering near a one-week high as Treasury yields rose and investor appetite for riskier currencies dimmed, while the yen breached 150 per dollar to keep traders jittery about the prospect of intervention. The Japanese yen touched a fresh one-year low of »»»

On Wednesday and Thursday, the Hungarian forint was above 400/EUR multiple times. By the evening, it returned to a level below that limit. Markets are in tension because of the American bank collapses and the problems in the European financial sector. Hungarian forint plummeting again According to »»»

TOKYO (Reuters) -Japanese policymakers held fast to their usual line on yen weakness on Wednesday, stating that rapid moves were undesirable, but confounded expectations they may escalate warnings about the sliding currency as it fell to fresh 20-year lows. “Various macro models suggest (the weak y»»»