German GfK Consumer Confidence (Apr) -28.0 vs. Exp. -26.5 (Prev. -24.7, Low. -32.2, High. -25.6)
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Pakistani official says Israel took Iran's Foreign Minister Araghchi and Parliamentary Speaker Ghalibaf off the hit list after Pakistan requested the US not to target them
H&M (HMB SS) Q1 2026 (SEK): Op. Profit 1.51bln (exp. 1.39bln), Revenue 49.6bln (exp. 50.5bln), EPS 0.45 (exp. 0.44), Net Income 704mln (exp. 706.6mln); March Sales +1% Y/Y
German GfK Consumer Confidence (Apr) -28.0 vs. Exp. -26.5 (Prev. -24.7, Low. -32.2, High. -25.6)
Moonshot AI is said to be mulling an IPO in Hong Kong, reports suggest
French Economy Minister says that with energy price volatility, a slowdown of the economy is expected
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Context
The German GfK Consumer Confidence index for April came in at -28.0, below expectations of -26.5 and significantly lower than the previous reading of -24.7. This miss suggests deteriorating consumer sentiment, which could signal weakening domestic demand and may impact the outlook for growth in the Eurozone, potentially influencing ECB policy considerations.
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