EU Services Sentiment (Apr) 0.9 (Prev. 4.9)
The significant drop in EU services sentiment from 4.9 to 0.9 indicates a sharp decline in confidence within the services sector, suggesting potential headwinds for economic growth.
Japanese tankers have reportedly crossed the Strait of Hormuz following on from talks with Iran
Italy sells EUR 5.5bln vs exp. EUR 4.5-5.5bln 3.15% 2031, 3.35% 2035 BTP and EUR 3.5bln vs exp. EUR 3.0-3.5bln 2036 CCTeu
EU Services Sentiment (Apr) 0.9 (Prev. 4.9)
[MARKET ANALYSIS] Energy remains buoyed after WSJ reported that Trump is preparing for an "extended blockade"
DCC (DCC LN) confirms it received a proposal from a consortium that includes KKR
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This could prompt concerns regarding future consumer spending and business investments, impacting ECB policy considerations around interest rates. Traders should monitor asset responses, especially in equities and the Euro, as markets digest this weaker sentiment reading.
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