French Industrial Production MoM (Dec) M/M -0.7% vs. Exp. 0.2% (Prev. 0.1%, Rev. From -0.1%)
The December print for French industrial production came in significantly lower than expected, with a decline of 0.7% versus a forecasted increase of 0.2%.
Volvo Cars (VOLCARB SS) CEO says that the Co. saw quite an impact in Q4 from the US tariffs
India's Trade Ministry Officials says that India will need to import USD 300bln annual worth of goods and the US will be one of the key suppliers of energy, aircraft and chips
French Industrial Production MoM (Dec) M/M -0.7% vs. Exp. 0.2% (Prev. 0.1%, Rev. From -0.1%)
Russian Envoy Dmitriev says Russia-US meetings in Abu Dhabi are positive; progress on a peace deal despite pressure from the EU and UK; active work ongoing to restore Russia-US relations
Foxconn (2317 TT) January revenue TWD 730bln, +35.5% Y/Y (prev. +31.8% Y/Y); expects seasonal performance for the current quarter to be better than the past five-year range
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This miss could signal ongoing weakness in the Eurozone's manufacturing sector, suggesting potential implications for monetary policy as the ECB navigates growth and inflation concerns. Traders should monitor how this data influences market sentiment and Euro valuations moving forward.
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