France and Morocco are considering connecting power countries with a new power interconnector, Gerar...
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Eurozone lending to households and firms accelerated in December, in a sign that ECB policy rate cuts are slowly being fed through to the real economy. More data will be required for the ECB to judge its policy settings as neutral (rather than restrictive) though, particularly after the Q4 Bank Lending Survey signalled a tightening in firm lending standards and soft firm loan demand expectations for the next 3 months.
No reaction in core global FI as crude oil benchmarks fall by ~$1 over a 30-minute window.
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