French Business Confidence (Mar) 99 vs. Exp. 100 (Prev. 102, Low. 98, High. 103)
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Spanish GDP Growth Rate YoY Final (Q4) Y/Y 2.7% vs. Exp. 2.6% (Prev. 2.7%)
China is said to be mulling relaxing limits on commercial bank shareholding to expand capital replenishment channels, sources suggest; regulators also mulling looser shareholder rules for large state insurers' bank investments
French Business Confidence (Mar) 99 vs. Exp. 100 (Prev. 102, Low. 98, High. 103)
French Commerce Minister says release of strategic oil reserves to be discussed at G7 minister meeting on Monday
Germany reportedly drafts a plan to hit US tech, drug supplies and companies, Bloomberg reports citing sources; officials are mapping vulnerabilities in US supply chains to apply pressure on the US
On the Newsquawk feed at , 20 minutes before this page.
Context
French business confidence has unexpectedly dipped to 99 in March, below expectations of 100 and down from the previous month's 102. This decline may indicate a weakening sentiment among businesses in France, potentially influencing economic growth forecasts and prompting discussions around monetary policy implications within the EU. Traders should monitor how this data aligns with broader European trends and market expectations.
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