CAC 40 Slides As Hopes Of Rate Cuts Fade

UK Q3 GDP Growth Confirmed At 0.1%

The UK economy registered a meager growth as initially estimated in the third quarter, the Office for National Statistics said on Monday. Gross domestic product grew by unrevised 0.1 percent sequentially, following the second quarter's 0.2 percent expansion. The growth was driven by increases in services and construction, while industrial output contracted.

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Pound Rises After U.K. GDP Data

The British pound strengthened against other major currencies in the European session on Monday, following the release of the U.K. GDP figures in the third quarter of 2025.

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Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.

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Australian Dollar Rises After PBoC Rate Decision

The Australian dollar strengthened against other major currencies in the Asian session on Monday, after China maintained its benchmark interest rates for the seventh straight month, as widely expected.

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Sensex, Nifty Up Firmly As Tech, Metal Stocks Rally

Key Indian stock indexes Sensex and the Nifty50 remain firmly placed in positive territory Monday afternoon, holding their early gains intact thanks to sustained buying at several counters, amid rising optimism about more monetary easing by the Federal Reserve, and reacting to some encouraging corporate news.

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European Economic News Preview: UK Revised GDP Data Due

Revised GDP from the UK is the top economic news due on Monday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP data for the third quarter. The initial estimate showed that the economy grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion.

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China Keeps Key Interest Rates Unchanged

China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.

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Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Monday.

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EURUSD	1.17337	GBPUSD	1.34332	AUDUSD	0.66416
USDJPY	157.38	USDCAD	1.37709	USDCHF	0.79351