EU Services Sentiment (Jan) 7.2 vs. Exp. 6 (Prev. 5.8, Rev. From 5.6, Low. 5.0, High. 9.8)
The EU Services Sentiment for January came in at 7.2, significantly beating expectations of 6 and indicating a positive shift from the previous print of 5.8.
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 Services Sentiment (Jan) 7.2 vs. Exp. 6 (Prev. 5.8, Rev. From 5.6, Low. 5.0, High. 9.8)
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 strong reading may suggest improving confidence within the services sector, which could have implications for policy considerations as it reflects enhanced activity and potentially supports growth, influencing central bank outlooks on rates.
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