MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

MNI: PBOC Net Injects CNY968.8 Bln via OMO Friday

CHINA PBOC CONDUCTS CNY981 BLN VIA 7-DAY REVERSE REPOS FRI

MNI: FRANCE OCT HICP +0.3% M/M, +1.6% Y/Y

MNI: UK Q3 GDP +0.1% Q/Q, +1% Y/Y

MNI: UK SEP TRADE BALANCE GBP -3.46BN

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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MNI: EC Autumn Forecasts Point To Still Subdued Recovery

No signs of bouyant EZ recovery in latest Commission forecasts, but in line with ECB September projection.
BundesbankPolicy NewsCentral Bank NewsHomepageStoryCEEMEAEurozoneGermanyBriefGlobalEuropean Central BankRegion

MNI (LONDON) - The European Commission sees a subdued recovery for the euro area according to projections in its autumn forecasts published Friday, with growth now seen modestly lower than previously expected in both 2024 and 2025, before picking up pace somewhat in 2026.

Growth for the Euro Area is estimated at 0.8% this year, rising to 1.3% in 2025 (in line with ECB's September projection and 0.1pp lower than the EU's Spring projection) and 1.6% in 2026. The Commission said lower interest rates and rising real disposable incomes would help drive better growth rates into next year and 2026.

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MNI (LONDON) - The European Commission sees a subdued recovery for the euro area according to projections in its autumn forecasts published Friday, with growth now seen modestly lower than previously expected in both 2024 and 2025, before picking up pace somewhat in 2026.

Growth for the Euro Area is estimated at 0.8% this year, rising to 1.3% in 2025 (in line with ECB's September projection and 0.1pp lower than the EU's Spring projection) and 1.6% in 2026. The Commission said lower interest rates and rising real disposable incomes would help drive better growth rates into next year and 2026.

Keep reading...Show less