Spanish Composite PMI (Dec) 55.6 vs. Exp. 54.3 (Prev. 55.1)
The stronger-than-expected Spanish Composite PMI reading of 55.6 suggests robust economic activity in December, surpassing both expectations and the previous month's figure.
Italian HCOB Services PMI (Dec) 51.5 vs. Exp. 54.2 (Prev. 55.0)
[MARKET UPDATE] Pressure seen across US equity futures, with the NQ pulling back to around the unchanged mark vs initial gains of 0.3%; a move which lacks a clear driver, but does follow pressure in the Nikkei 225 futures on Chinese export bans to Japan
Spanish Composite PMI (Dec) 55.6 vs. Exp. 54.3 (Prev. 55.1)
Volkswagen (VOW3 GY) Group of America is recalling 356.6k US vehicles, according to NHTSA
EUROPEAN OPEN: GS raises Stoxx 600 PT; ENI IM & REP SM struggle to recover Venezuela payments; NESN SW recall; ABI BB to re-acquire stake in US metal container plants for USD 3bln; NXT LN lifts outlook
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This positive data could indicate continued resilience in the eurozone economy, potentially impacting ECB policy considerations and overall market sentiment towards the euro.
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