EU Industrial Production MoM (Dec) M/M -1.4% vs. Exp. -1.5% (Prev. 0.3%, Rev. From 0.7%, Low. -2.4%, High. -0.2%)
The EU Industrial Production figure for December came in at -1.4%, slightly better than the expected -1.5%.
UK's PM Starmer on defence spending, says they need to move faster
German 6-Month Bubill Auction 1.975% (Prev. 1.986%)
EU Industrial Production MoM (Dec) M/M -1.4% vs. Exp. -1.5% (Prev. 0.3%, Rev. From 0.7%, Low. -2.4%, High. -0.2%)
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[MARKET ANALYSIS] Copper prices lower due to closures in the Chinese market as celebration for Chinese New Year/Spring Festival holiday commences
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While this is a deeper contraction compared to November's revised figure of 0.3%, the smaller-than-expected decline may provide a modest boost to sentiment regarding the resilience of the Eurozone economy. It suggests a weaker industrial outlook but not as dire as anticipated, which could influence monetary policy discussions moving forward.
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