Discover how an energy price shock is stifling demand and causing economic activity in the euro zone to shrink at its sharpest rate in years. Read more at straitstimes.com. Read more at straitstimes.com.

Euro-zone composite PMI drops below 50 for second straight month, hitting a 2.5-year low. ECB rate cut expectations grow, with implications for crypto markets.

Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May, as a war-driven surge in living costs hammered demand for services and…