EU Economic Sentiment (Dec) 96.7 vs. Exp. 97 (Prev. 97.1, Rev. 97)
The EU Economic Sentiment for December came in at 96.7, falling short of expectations of 97 and lower than the previous month’s revised figure of 97.
[MARKET ANALYSIS] DXY incrementally firmer awaiting further jobs data after an early Challenger Layoffs release; Antipodeans lag
[MARKET ANALYSIS] Precious metals on the backfoot once again in quiet newsflow and with the DXY above its 100 DMA
EU Economic Sentiment (Dec) 96.7 vs. Exp. 97 (Prev. 97.1, Rev. 97)
France sells EUR 13.5bln vs exp. EUR 11.5-13.5bln 3.50% 2035, 0.50% 2040, 3.60% 2042 & 3.75% 2056 OAT
China's Ambassador rejects Japan's export controls negotiations
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This miss suggests a potential weakening in consumer and business confidence within the Eurozone, which could have implications for monetary policy and growth outlook. Traders should watch for market reactions in euro-denominated assets as sentiment data often inform expectations around ECB actions.
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