Namibian Inflation Rate MoM (Dec) M/M 0.10% vs. Exp. 0.2% (Prev. 0.00%, Rev. 0%)
The slight miss in Namibian inflation rate (0.10% vs.
European Movers: Leonardo (LDO IM) +4.1%, Vallourec (VK FP) +1.6%, Repsol (REP SM) +1.2%, Greggs (GRG LN) -2.7%, Tesco (TSCO LN) -4.7%, AB Foods (ABF LN) -10.7%
Tesco (TSCO LN) CEO says he does not believe the UK's November budget had a material impact on Christmas trading; says UK consumer sentimer is currently "mixed"
Namibian Inflation Rate MoM (Dec) M/M 0.10% vs. Exp. 0.2% (Prev. 0.00%, Rev. 0%)
French Current Account (Nov) -0.80B vs. Exp. 1.4B (Prev. 1.40B, Rev. 1.1B)
French Imports (Nov) 56.4B vs. Exp. 55.9B (Prev. 55.3B, Rev. 55.7B)
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0.2% expected) indicates a potential easing in price pressures, which could imply that the central bank may have more leeway for accommodative policy if the trend continues. This could impact investor sentiment towards Namibian assets and the broader region, particularly in relation to inflation expectations affecting currency valuations and interest rates.
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