Ossiam Euro STOXX 50 Equal Weight NR UCITS ETF -1C-EUR

Eurozone April Composite PMI Final Reading at 48.8

ECB Discusses Timeline for Adjusting Framework

ECB Decision-Making to Be Guided by Inflation Prospects and Economic Data

Money market expects the ECB to raise interest rates three times this year

Eurozone Consumers Significantly Raise Inflation Expectations

Market cuts ECB rate hike expectations, pricing for 63bps of hikes this year

ECB Member Olli Rehn Comments on Inflation Outlook

ECB Official Warns of Rising Inflation Risks and Deteriorating Economic Prospects

ECB Meeting Minutes: Maintaining Flexibility and Agility

Eurozone PPI MoM Surges to 0.7% in January, Exceeding Expectations

Lagarde Warns US Tariffs May Disrupt US-EU Trade Balance

Lagarde Emphasizes ECB's Focus on Price Stability and Eurozone Development

Lagarde Resigns from ECB Before 8-Year Term Ends

ECB Governing Council Member Nagel Indicates Action if Medium-Term Inflation Expectations Deviate from 2%

ECB to adopt data-based meeting-by-meeting monetary policy decision-making approach

Eurozone January CPI Year-over-Year Initial Estimate Meets Expectations

L5EW

Tariffs, weak demand, and climate confusion have led to the EU business investment rate dropping to its lowest level in 11 years, the lowest since 2015. Companies attribute this decline to geopolitical disruptions, market disorder, and regulatory uncertainty, although Hungary and Croatia are exceptions to this trend.

- EU business investment has dropped to its lowest rate in 11 years, attributed to tariffs, weak demand, and climate-related uncertainties.  
- Companies cite geopolitical disruptions, market disarray, and regulatory uncertainty as primary factors influencing this decline.  
- Notably, Hungary and Croatia are exceptions to this downward trend in investment.

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SPDR EURO STOXX 50 ETF

Tariffs, weak demand and climate confusion drag EU business investment rate to 11-year low

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513080

Euro area Q1 GDP confirmed at 0.1% Q/Q, the weakest in nine quarters, with industrial output falling 0.9% Q/Q, the sharpest drop in two years. Employment growth slowed to 0.1% Q/Q, with Germany and France facing significant job losses. Consumer confidence is declining, leading to expectations of reduced household spending and further economic pressure in Q2. The ECB may need to maintain an accommodative stance due to these economic challenges, particularly in France and Germany, which heavily influence euro area demand.

- The Eurozone's GDP confirmed a 0.1% quarter-on-quarter growth for the first quarter, marking one of the weakest expansions in over two years.  
- Industrial production declined sharply by 0.9%, primarily due to weak energy output and a significant drop in non-durable goods, while employment growth slowed notably to just 0.1%.  
- Consumer confidence is declining, and businesses plan to cut jobs at the fastest rate in five years, suggesting further demand-side pressures and potentially negative impacts on GDP growth in the upcoming quarter.

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ICYMI - Euro area GDP weakest in 9 quarters, jobs slow, industry falls sharpest in 2 years

ECB's Lane stated that monetary policy decisions will be made on a meeting-by-meeting basis, influenced by incoming data on inflation, wages, growth, and financial markets. He highlighted that supply-driven energy shocks are negatively impacting euro area growth, with global shocks causing more significant damage than regional ones. Inflation risks are being monitored closely, particularly regarding wage growth and pricing behavior. The current economic environment is more contained than in 2022, but the ECB must remain vigilant against inflation expectations becoming unanchored.

- European Central Bank's Lane highlighted that supply-driven energy shocks could reduce Eurozone GDP growth by approximately 0.2–0.3 percentage points due to rising oil prices.  
- Lane emphasized that global energy shocks have a more destructive impact than regional shocks, leading to increased costs and stronger inflationary pressures.  
- He noted that the current economic environment differs from 2022, with softer inflation and wage pressure, while the ECB's policy response will rely on data regarding inflation persistence and broader economic indicators.

ECBs Lane:Monetary policy decisions will continue to be made on a meeting-by-meeting basis

European Central Bank Chief Economist Philip Lane has stated that the increase in sales price expectations suggests that production cost pressures will lead to higher output prices in the coming months. According to Jin10, Lane emphasized the correlation between rising production costs and the anticipated increase in output prices, highlighting the potential impact on the economy.

CoinLive

ECB Chief Economist: Rising Sales Price Expectations Indicate Higher Output Prices Ahead

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IEUA

The EURO STOXX 50 Index rose by 52.62 points or 0.91% to close at 5861.07, marking its largest one-day gain since May 6, 2026, and ending a four-day losing streak. The index is currently 5.06% below its record close of 6173.32 from February 25, 2026, but is up 13.46% from its 52-week low of 5165.60. Year-to-date, it has increased by 1.20%.

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EURO STOXX 50 Index Ends 0.91% Higher at 5861.07 — Data Talk

European Central Bank member Olli Rehn indicated that data suggests the onset of stagflation due to the Iran war and rising energy prices. He noted slight growth in the euro area and inflation at 3%. While the current shock is less severe than in 2022, it deviates from the ECB's outlook. Policymakers are cautious about interest rate hikes, awaiting more data on the conflict's impact. Eurozone growth is expected to soften, with France reporting a rise in unemployment to 8.1%. Investors anticipate a rate increase in June, but officials remain hesitant to confirm.

- European Central Bank governing council member Olli Rehn warned of signs of stagflation due to the Iran conflict and rising energy prices.  
- He noted that eurozone growth for the first quarter was only slightly positive, with inflation accelerating to 3%, and emphasized that current shocks are not as severe as seen during the price surge in 2022.  
- Despite inflation surpassing the ECB's 2% target, policymakers remain cautious about interest rate hikes, waiting for further information on the wider impacts of the conflict.

Businesstimes News

ECB’s Rehn says data show first signs of stagflationary shock

EUN2

The European Central Bank (ECB) reports that longer working lives and immigration are crucial for sustaining growth in the eurozone amid an aging population. Rising employment has contributed to half of the eurozone's growth since Q3 2023, driven by older Europeans remaining in the workforce. However, the ECB warns that future growth will depend on immigration and technological advancements, as declining fertility rates continue to impact the labor force. The share of migrants in the labor force has increased, but geopolitical uncertainties may affect future migration flows.

- The European Central Bank reports that longer working lives are supporting eurozone growth, yet continued expansion will require immigration due to an aging population.  
- Employment increased by 7.8 million from late 2019 to mid-2025, with a notable rise in older workers, though awareness exists of potential limits to this trend.  
- Migrants, particularly from Ukraine and Latin America, contributed significantly to employment growth, but ongoing reliance on technological advancements and immigration remains uncertain amid changing political landscapes.

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iShares MSCI Eurozone

Longer Working Lives and Immigration Keep Eurozone Economy Growing, ECB Says

ECB's Rehn stated that monetary policy should not solely rely on oil prices, emphasizing the need to assess the impact of energy shocks on inflation expectations and wages. He noted the current situation differs from the 2022 energy crisis and warned against past policy mistakes. The ECB aims to maintain inflation around 2% and will make data-driven decisions. With an 86% chance of a rate hike in June, the ECB's actions will depend on developments in the Strait of Hormuz and the persistence of inflation pressures.

ECB's Rehn: Monetary policy should not be based on oil prices alone

ECB's Muller emphasizes the need for a quick resolution regarding the Strait of Hormuz to avoid a rate hike in June. Despite rising inflation due to the US-Iran conflict, he remains optimistic about the Eurozone's economic foundation, which has not entered stagflation. The Eurozone GDP showed a modest 0.1% growth in Q1, with a slowdown expected in Q2. ECB President Lagarde notes a "double uncertainty" regarding energy shocks and their effects on wages and prices, suggesting potential interest rate hikes if conditions do not improve.

- The Eurozone has not yet fallen into stagflation, and there is no reason to talk about recession.  
- Müller expresses cautious optimism about the economic fundamentals despite rising inflation and economic activity suppression from geopolitical tensions.  
- The European Central Bank needs to respond quickly to disruptions in the Strait of Hormuz to avoid interest rate increases in June, with officials warning that two rate hikes may be necessary if conditions do not improve.

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ECB's Muller: The ECB will need a fast resolution on Hormuz to hold in June

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According to Eurostat, on a seasonally adjusted basis, Eurozone GDP in 1Q26 rose 0.1% QoQ (up 0.2% in 4Q25); and increased 0.8% YoY (up 1.3% in 4Q25). Both figures were unchanged from the preliminary estimates and in line with market expectations. (su/a) AASTOCKS Financial News

- In the first quarter of 2026, the Eurozone's GDP experienced a sequential increase of 0.1%.  
- Year-on-year, the GDP grew by 0.8%, reflecting a decline from 1.3% in the previous quarter.  
- These figures align with preliminary estimates and meet market expectations, according to data from Eurostat.

Ossiam Euro STOXX 50 Equal Weight NR UCITS ETF -1C-EUR(L5EW.UK)