With France and Germany in the euro area, Barclays has maintained its call for the European Central Bank to raise interest rates.

The entities involved

• euro →

  currency of most countries in the European Union

  • Hawkish policy from the FED is pressuring the EUR/USD exchange rate, leading to forecasts of further losses.Mon 10:57
  • Goldman Sachs released forecasts regarding the GBP/EUR exchange rate and Eurozone resilience.Mon 08:39
• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
• Barclays →

  British bank

  • QinetiQ carried out share purchases and arranged for a share buyback execution on the London Stock Exchange.Mon 13:19
  • Financial institutions provided ratings on multiple companies on July 8, 2026, including Goldman Sachs reiterating Tesla as neutral, Barclays initiating Toast as overweight, and Bank of America rating Nvidia as a buy.Sun 14:53

Related events

• ECB policy affects borrowing costs in Eurozone members.Sep 6
• The European Central Bank announced a rate hike on September 10, 2026, originating from Berlin.Sep 10
• ECB rate hikes are affecting tracker mortgages in Ireland, while leaders meet in Frankfurt to discuss the policy.Jun 11
• ECB rate hike strengthens expectations for a Bank of England hike, while HSBC is raising mortgage rates.Sep 14
• The euro is the currency used by the member states of the European Union.Jun 7