EU Loans to Companies YoY (Jan) Y/Y 2.8% vs. Exp. 3.1% (Prev. 3.0%, Rev. From 3%)
The latest EU loans data shows a year-on-year increase of 2.8%, falling short of expectations of 3.1% and slightly below the previous revised figure of 3.0%.
[MARKET UPDATE] WTI and Brent futures dip modestly as further outlets report on the commencement of US-Iran nuclear talks
[MARKET ANALYSIS] JPY gains and high-beta FX lags with the risk tone cautious amid US-Iran talks
EU Loans to Companies YoY (Jan) Y/Y 2.8% vs. Exp. 3.1% (Prev. 3.0%, Rev. From 3%)
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German Chancellor Merz on his conversation with Chinese President Xi, says there are many challenges to overcome; Economic Minister will conduct a follow up visit
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This miss suggests potential softness in credit demand, which could signal a cautious outlook for economic growth in the region, impacting monetary policy considerations and the broader growth-inflation balance.
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