ECB's Radev says the current level of rates is appropriate
ECB's Radev signaling that current rates are appropriate suggests a pause in any immediate monetary policy changes.
Additional European Equity News
EU decision on Mercosur should come before 16:00GMT, Politico reports. Examination of the safeguard text will begin at around 10:00GMT.
ECB's Radev says the current level of rates is appropriate
China's Foreign Ministry, on US President Trump's remarks on Taiwan, says there is no room for any external interference and the issue is purely an internal matter
German Industrial Production MoM (Nov) M/M 0.8% vs. Exp. -0.4% (Prev. 1.8%); driven mainly by autos
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This implies a steady outlook for rates, likely reducing volatility in fixed income markets and maintaining the euro's stability against major currencies. Traders should monitor how this aligns with market expectations and any subsequent shifts in sentiment regarding future rate hikes or cuts.
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