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Spanish Inflation Rate YoY Final (Jan) Y/Y 2.3% vs. Exp. 2.4% (Prev. 2.9%)

The final inflation rate in Spain for January came in at 2.3%, slightly below expectations of 2.4% and down from the previous 2.9%.

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China issues new guidelines on internet platform anti-monopoly, stating platform operators should avoid abusing dominant market role

European Movers: Ubisoft (UBI FP) +11.5%, Safran (SAF FP) +5.4% Capgemini (CAP FP) +3.1%, Publicis (PUB FP) +1.8%, Mercedes Benz (MBG GY) -0.8%, L’Oreal (OR FP) -6.5%

Spanish Inflation Rate YoY Final (Jan) Y/Y 2.3% vs. Exp. 2.4% (Prev. 2.9%)

China's Ministry of Commerce holds a roundtable with German firms; hopes that German companies can increase investment in China

Swiss Inflation Rate YoY (Jan) Y/Y 0.1% vs. Exp. 0.1% (Prev. 0.1%, Low. 0.0%, High. 0.1%)

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Context

This miss may suggest easing price pressures, potentially influencing the ECB's policy direction as it weighs growth and inflation dynamics in the Eurozone. Traders should consider the implications for EUR movements and broader European economic sentiment as markets digest this data.

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