The European currency is getting stronger. Growth is rising. The European Central Bank has been rais...
The European currency is getting stronger. Growth is rising. The European Central Bank has been raising interest rates again. Suddenly, things are looking better than they have for a long time in the euro area. So the political tensions over the single currency are about to fade away, right? Wrong. A stronger currency and economy mean the region is about to enter a danger period with exports threatened and rising interest rates. Stuart Thomson, a fixed-income strategist at Charles Stanley Sutherlands, said: "It was the ECB keeping rates at record lows that allowed the weaker countries to k...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
