Europe

Euro zone March factory growth slumped, downturn possible – PMI

Euro zone manufacturing growth slowed sharply last month as Russia's invasion of Ukraine tightened supply chain bottlenecks, dampened demand and whacked confidence, a survey showed as soaring energy costs drove a broader surge in prices.

Europe signals unity against Russian gas payment demands

Europe vowed to stay united against Russia's demand that they pay for its gas in roubles, as the threat of an imminent supply halt eased on Friday.

Ukraine asks EU, British, Japanese and U.S. central banks to ban rouble transactions

The governor of Ukraine's central bank urged the central banks of the European Union, the United States, Japan and Britain to ban transactions in the Russian or Belarusian rouble over Russia's war on Ukraine.

Ukraine’s bonds rally further, hit highest since day after invasion

Ukraine's government bond prices climbed further on Tuesday, hitting their highest since the start of Russia's invasion a month ago, as the two countries held their first face-to-face talks in nearly three weeks. 

War, inflation hit French, German consumer morale more than feared

France and Germany saw bigger than expected drops in consumer confidence this month as government steps to help with rising fuel costs and other inflation gave little relief following the impact of Russia's invasion of Ukraine, surveys showed on Tuesday.

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