Italian Industrial Sales YoY (Nov) Y/Y 0% (Prev. 1.7%)
The Italian Industrial Sales YoY data for November came in at 0%, a marked decline from the previous 1.7%.
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
Italian Industrial Sales YoY (Nov) Y/Y 0% (Prev. 1.7%)
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 stagnation indicates potential economic challenges in Italy's industrial sector, suggesting that growth momentum may be faltering. Such a shift could have implications for future economic policy and market sentiment regarding the broader EU economic outlook.
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