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Spain Q4 GDP data beats and adds to theme that EU likely to avoid recession

- Quite news on geopolitical front as macro focus turns to major Central Bank decisions next week from FOMC, ECB and BoE (all expected to hike). - EU

EU inflation data yet to show signs of stabilization

- Risk appetite finds fresh legs after pledge by China’s Politburo to boost economic support. - Euro Area Q1 GDP (Beats: none Misses: France, Spain; i

EU inflation remains hot, oil plummets on talk of SPR release

- EU inflation data remains hot (France & Italy in session); Euro Zone reading on Friday. - UK Q4 Final GDP revised higher but shock to income from in

EU GDP data mixed in session; focus turns to ECB and BOE rate decisions next week

- EU GDP data showed for the most part the Region held up in Q4 (Beats: France, Spain; Miss: Germany); Results largely viewed as a result of mechanica

EU inflation readings continues to climb

- Plethora of EU inflation and GDP data in session; Markets now pricing 20bps ECB hike in Oct 2022 compared to prior Dec 2022 hike before Thurs’s (yes

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