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Finance & Markets

Austria's economy shrinks in the second quarter of 2026

After moderately optimistic growth in the first quarter of 2026, the economy shrinks slightly by 0.1 percent. The main culprit is the high energy prices.

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We haven't written up this one. Der Standard Wirtschaft has the full story — the link below goes straight to it.

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Euro: Support firms with hawkish ECB pricing – Scotiabank

Scotiabank’s Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is higher against the US Dollar (USD), supported by strong euro area Producer Price Index (PPI) and firmer European Central Bank (ECB) rate expectations. Markets now price more than one 25bp hike by year-end.

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