Slovak Balance of Trade (Nov) 504.8M vs. Exp. 550.0M (Prev. 491.7M, Rev. 560.2M)
The Slovak balance of trade number for November came in at 504.8 million, which is below expectations of 550 million, but higher than the previous revised figure of 491.7 million.
European Movers: Glencore (GLEN LN) +8.2%, BNP Paribas (BNP FP) +3.1%, Antofagasta (ANTO LN) +3.0%, BMW (BMW GY) -0.3%, Aviva (AV/ LN) -1.0%, Rio Tinto (RIO LN) -2.2%, Sainsbury's (SBRY LN) -2.6%
China's Auto industry body CPCA announced 2.28mln passengers cars was sold in December, marking a 14.5% decrease Y/Y
Slovak Balance of Trade (Nov) 504.8M vs. Exp. 550.0M (Prev. 491.7M, Rev. 560.2M)
Taiwan Balance of Trade (Dec) 19.43B vs. Exp. 16.1B (Prev. 16.09B, Rev. 16.09B)
Japan megabanks are to jointly lend USD 1.5bln to the Saudi government
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This miss relative to expectations could indicate emerging pressures on Slovakia's trade position and might be a sign of broader regional economic challenges, potentially influencing sentiment toward the euro and related assets.
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