The EU needs to step up its challenge to the dollar
The euro should be developed more as a haven asset for times of market stress
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HSBC profits hit by $2.1bn charge for Chinese bank stake
Quarterly earnings lower than expected as investment in Bank of Communications diluted
Belgian minister warns about ‘dangerous’ frozen asset loan for Kyiv
Also in this newsletter: Study finds aerospace only competitive industrial sector left in Europe
EUR/JPY Forecast: Builds Bullish Flag – 11 August 2025
EUR/JPY is consolidating in a bullish flag near 170 support, with upside potential toward 175–182 if 173 breaks, but downside risk to 166 if support fails.
Brussels backs Trump-style tariffs on cheap Chinese steel
New measures would protect industry, but some countries fear that curbing low-cost imports could drive up prices