EU Industrial Sentiment (Dec) -9.0 vs. Exp. -9.1 (Prev. -9.3)
The EU Industrial Sentiment for December came in at -9.0, slightly better than expectations of -9.1 and an improvement from the previous -9.3.
[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 Industrial Sentiment (Dec) -9.0 vs. Exp. -9.1 (Prev. -9.3)
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 modestly positive surprise suggests a slight stabilization in industrial sentiment, which may help support the narrative of gradual recovery in the EU economy and could have implications for policy outlook and economic growth expectations.
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