Jana Randow

German factory orders surged in September, a positive signal for the industrial sector whose prolonged bout of weakness may be coming to an end.

The global economy faces potentially detrimental shocks to growth and inflation if US President-elect Donald Trump implements the kind of import tariffs he threatened during his campaign, according to European Central Bank Vice President Luis de Guindos.

Economic output would be weaker, price pressures stronger and established trade flows disrupted, Guindos told an event Wednesday in London.

(Bloomberg) -- The global economy faces potentially detrimental shocks to growth and inflation if US President-elect Donald Trump implements the

German industrial production declined in September, pouring cold water on hopes that the country’s factory slump may be bottoming out.

Lenders in the euro zone are likely to turn to the European Central Bank for funding more frequently in the future as policymakers’ stash of bonds is reduced, according to Executive Board member Isabel Schnabel.

(Bloomberg) -- Lenders in the euro zone are likely to turn to the European Central Bank for funding more frequently in the future as policymakers' stash of bonds is reduced, according to Executive Board member Isabel Schnabel.

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(Bloomberg) -- Risk-management considerations were a key reason the European Central Bank decided to bring forward an interest-rate cut last month, an account of their last policy decision showed.