Unemployment in the eurozone reached yet another record high in March as spending cuts continued to hit the working population.
For all 17 nations in the eurozone, the jobless rate rose from 10.8% to 10.9%, the highest since the euro was formed in 1999, Eurostat said. The rise means 17.4 million are now looking for work, and...
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Multi-asset managers have started reinvesting their high cash positions, with many topping up European exposure as Greece finally reaches a new deal with its creditors.
The bond market faces "strong headwinds" for some time as summer volatility returns and markets anticipate interest rate hikes, according to Invesco Perpetual's fixed income team.
94 withdrawals in 2019
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