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The trip was scrapped amid friction over Chinese export curbs and Berlin’s criticism of Beijing’s ties with Moscow and actions in the Indo-Pacific. Both sides called for continued dialogue, saying their economic partnership remains vital despite recent strains.

Eamonn Sheridan

27/10/2025 | 21:12 GMT

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Eamonn Sheridan

27/10/2025 | 21:12 GMT

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Eurozone September unemployment rate 6.3% vs 6.3% expected

Eurozone Q3 preliminary GDP +0.2% vs +0.1% q/q expected

Italy Q3 preliminary GDP Q/Q +0.0% vs +0.1% expected

Germany Q3 preliminary GDP 0.0% vs 0.0% q/q expected

Bavaria October CPI +2.2% vs +2.4% y/y prior

Germany October unemployment change -1k vs 8k expected

Spain October preliminary CPI +3.1% vs +2.9% y/y expected

France Q3 preliminary GDP +0.5% vs +0.2% q/q expected

Heads up: Germany states' CPI readings due later today

Spain Q3 preliminary GDP +0.6% vs +0.6% q/q expected

EURUSD Technicals: The EURUSD fell hard and it raced as fast to the upside.

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Italy October business confidence 88.3 vs 87.5 expected

Germany November GfK consumer sentiment -24.1 vs -22.0 expected

Beijing and Berlin play down diplomatic rift after German minister cancels China trip

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