Spanish Business Confidence (Dec) -3.5 vs. Exp. -2.8 (Prev. -3.2, Rev. -3.0)
The decline in Spanish business confidence to -3.5, which is worse than the expected -2.8, suggests a weakening sentiment among businesses.
China Cabinet Meeting says they are to lower the cost of corporate financing, CCTV reports; domestic demand discussed; China to strengthen coordination on fiscal and monetary policies
US President Trump told ICE to ease deportation of workers in agriculture
Spanish Business Confidence (Dec) -3.5 vs. Exp. -2.8 (Prev. -3.2, Rev. -3.0)
EU Ambassadors have voted by a qualified majority to support the EU-Mercosur trade deal, RTE's Connelly reports
Pandora (PNDORA DC) prelim. Q4 (DKK): Sales 11.9bln (exp. 12.3bln), Organic Growth 4% (prev. 11%), LFL 0% (prev. 6%), EBIT Margin 33.5% (prev. 34.7%)
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This miss against expectations could signal potential headwinds for economic growth in Spain, influencing EU growth outlook and possibly prompting considerations for policy adjustments. The recent downward revision of prior figures adds to concerns about economic stability going forward.
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