Italian PPI MoM (Dec) M/M -0.7% (Prev. 1.0%, Rev. From 1%)
The drop in Italy's Producer Price Index (PPI) from a previous growth of 1.0% to -0.7% indicates a significant contraction in producer prices month-over-month.
Iranian President Pezeshkian says they will respond to any aggression, via Tasnim
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Italian PPI MoM (Dec) M/M -0.7% (Prev. 1.0%, Rev. From 1%)
[MARKET UPDATE] Precious metals have rebounded slightly with spot XAU returning above USD 5,000/oz
[MARKET ANALYSIS] EGBs and Gilts follow USTs lower
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This suggests potential easing of inflationary pressures, which could influence the European Central Bank's outlook and policy decisions moving forward, particularly in the context of growth versus inflation dynamics.
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