Spanish GDP Growth Rate YoY Flash (Q4) Y/Y 2.6% vs. Exp. 2.7% (Prev. 2.8%)
The flash reading of Spain's GDP growth rate at 2.6% for Q4, slightly below expectations at 2.7% and down from the previous 2.8%, suggests a modest slowdown in economic momentum.
European Movers: Swatch (UHR SW) +7.7%, Airtel Africa (AAF LN) +6.8%, Adidas (ADS GY) +3.6%, CaixaBank (CABK SM) +1.8%, Rentokil (RTO LN) -2.0%, Antofagasta (ANTO LN) -5.0%
Ukraine's President Zelensky says the compromise on territory has not yet been reached; Ukraine will not strike Russian energy infrastructure if Russia halts its attacks on Ukraine's energy infrastructure
Spanish GDP Growth Rate YoY Flash (Q4) Y/Y 2.6% vs. Exp. 2.7% (Prev. 2.8%)
French Private Non Farm Payrolls QoQ Prel (Q4) Q/Q -0.1% (Prev. 0.0%, Rev. From -0.1%)
French PPI MoM (Dec) M/M 0.2% (Prev. 2.8%, Rev. From 1.1%)
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This shortfall may influence market sentiment regarding Spain's economic outlook and could raise concerns about broader implications for the EU's growth trajectory. Traders should monitor how this data may affect regional sentiment and potential policy discussions among EU authorities.
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