EU GDP Growth Rate QoQ Flash (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%)
The EU GDP growth rate for Q4 came in at 0.3%, slightly above expectations of 0.2%, and matching the previous quarter's growth.
Russia's Kremlin says US President Trump personally asked Russian President Putin to halt strikes on Kyiv until Feb 1 and create favourable conditions for negotiations
Japan's MOF announces currency intervention totalled JPY 0 from December 29th to January 28th
EU GDP Growth Rate QoQ Flash (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%)
[MARKET ANALYSIS] Crude benchmarks dip as Trump plans to meet with Iranian officials
[MARKET ANALYSIS] USTs hit ahead of Trump's Fed Chair pick announcement, yields bid & the curve steeper
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This modest beat suggests a resilient economic environment in the Eurozone, which could bolster the case for continued support of the euro. Market participants will likely assess whether this strengthens the growth outlook and impacts future monetary policy decisions from the ECB.
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