EU GDP Growth Rate YoY 2nd Est (Q1) Y/Y 0.8% vs. Exp. 0.8% (Prev. 1.2%, Low. 0.8%, High. 0.8%)
The EU GDP growth rate for Q1 came in at 0.8%, matching expectations but significantly lower than the previous print of 1.2%.
The US White House has reportedly not ruled out potential Chinese direct investment in the US, Semafor reports
A group of bipartisan US senators is writing to Secretary of State Rubio to pledge their support for the Taiwan Relations Act, Semafor reports; Twelve senators signed the letter
EU GDP Growth Rate YoY 2nd Est (Q1) Y/Y 0.8% vs. Exp. 0.8% (Prev. 1.2%, Low. 0.8%, High. 0.8%)
Delivery Hero (DHER GY) said to have started the process to sell its Korean unit
[CALENDAR ADDITION] OPEC MOMR to be released at 13:00 BST/ 08:00 EDT
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This flat result indicates stagnation in growth momentum, which could have implications for monetary policy and market sentiment, particularly in the context of inflation and the broader economic outlook.
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