French Household Consumption MoM (Feb) M/M -1.4% vs. Exp. -0.2% (Prev. 0.5%)
The notable drop in French household consumption in February, registering a decline of -1.4% against an expectation of -0.2%, signals a more significant deterioration than anticipated.
Aluminium Corporation of China (2600 HK) is said to be considering an USD 800mln USD-denominated offshore bond sale
German institutes to cut 2026 economic growth forecasts amid the Iranian war, Reuters sources suggest; 2026 growth outlook seen at 0.6% (prev. 1.2%), 2027 growth seen at 0.9% (prev. 1.4%)
French Household Consumption MoM (Feb) M/M -1.4% vs. Exp. -0.2% (Prev. 0.5%)
The IRGC announced that the Strait of Hormuz is fully under the control of its soldiers, and "the slightest movement of the enemies will be hit by missiles and drones", adding that "the operation continues", IRGC's public relations channel reports
Additional European Equity News
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This could suggest weakening consumer sentiment and may prompt concerns about overall economic growth in the eurozone, potentially influencing ECB policy direction in the near term.
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