Eurozone News
LAST UPDATE: August 1, 2025
Euro zone manufacturing approached stability in July as PMI hits three-year high
The eurozone PMI rose to 49.8 in July, the highest level since July 2021, with export orders stabilizing and output improving for the fifth month (Reuters)
Insight
Near-stable PMI readings suggest eurozone manufacturing could be transitioning to recovery. Stabilizing exports and improved sentiment may support broader economic resilience.
Euro Set for Worst Week Since 2022 on Europe‑US Trade Deal Pain
The euro fell nearly 2.8% this week—the steepest drop since 2022—as markets reacted to Europe‑US trade deal fallout and concerns over competitiveness under new tariffs (Bloomberg.com)
Insight
The sharp currency depreciation reflects investor anxiety over the trade agreement’s asymmetric outcome for Europe, with potential long-term implications for eurozone trade and inflation.
