Spanish HCOB Manufacturing PMI (Dec) 49.6 vs. Exp. 51 (Prev. 51.5)

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EU Money-M3 Annual Grwth* (Nov) 3.0% vs. Exp. 2.7% (Prev. 2.8%)

Rail line in Australia used by Glencore (GLEN LN) requires a significant repair job

Spanish HCOB Manufacturing PMI (Dec) 49.6 vs. Exp. 51 (Prev. 51.5)

European Movers: Casino (CO FP) +6.2%, Evotec (EVT GY) +1.3%, Travis Perkins (TPK LN) +0.7%, Michelin (ML FP) +0.4%, LVMH (MC FP) -0.7%, Getlink (GET FP) -0.4%

Czech Revised GDP YY* (Q3) 2.8% (Prev. 2.8%)

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  • "Despite this pullback, the industry remains more resilient than its German or French counterparts, though the latest trend raises some concerns".
  • "Interestingly, business expectations for the months ahead improved despite the current weakness, hinting that December’s decline may be a temporary dip rather than the start of a prolonged downturn".

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