Turkish Industrial Production YoY (Feb) Y/Y 2.2% (Prev. -1.8%)
The Turkish industrial production data for February shows a significant recovery, increasing by 2.2% year-over-year compared to a prior decline of -1.8%.
European Movers: Alstom (ALO FP) +2.3%, Holcim (HOLN SW) +2.0%, Unite (UTG LN) +1.9%, STMicroelectronics (STMPA FP) +1.8%, ASML (ASML NA) +0.6%, Sodexo (SW FP) -17.1%
Porsche (P911 GY) Q1 deliveries 61k, (-15% Y/Y); -21% in China, -11% in North America
Turkish Industrial Production YoY (Feb) Y/Y 2.2% (Prev. -1.8%)
Additional European Equity News
Iranian media reports of intense activity of hostile drones in Iranian cities Tehran, Parachin, Tabriz, and other cities
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This improvement indicates a potential turnaround in the industrial sector, which could influence market sentiment positively, especially regarding Turkey's economic outlook and potential implications for monetary policy moving forward.
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