EU Industrial Sentiment (Jan) -6.8 vs. Exp. -8.1 (Prev. -8.5, Rev. From -9.0, Low. -9, High. -7)
The EU industrial sentiment for January came in at -6.8, beating expectations of -8.1 and showing improvement from the previous reading of -8.5.
T-Head, the semiconductor design arm of Alibaba (BABA), unveiled details around its advanced AI chips, SCMP reports; said to be on par with NVIDIA's (NVDA) H20
[MARKET ANALYSIS] Largely upbeat sentiment in European equities, however the DAX lags on the back of losses in SAP
EU Industrial Sentiment (Jan) -6.8 vs. Exp. -8.1 (Prev. -8.5, Rev. From -9.0, Low. -9, High. -7)
AstraZeneca (AZN LN) announces a plan to invest USD 15bln in China through 2030
[MARKET ANALYSIS] AUD outpaces on gold and copper; G10s largely firmer vs USD
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This positive surprise may suggest a stabilizing industrial outlook in the EU, which could have implications for both growth projections and potential adjustments in monetary policy going forward.
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