Chinese provinces set lower growth targets for 2026, according to FT
The decision by Chinese provinces to set lower growth targets for 2026 signals a tightening of expectations regarding economic performance, potentially indicating underlying weaknesses in regional economies.
German Factory Orders MoM (Dec) M/M 7.8% vs. Exp. -2.2% (Prev. 5.6%, Low. -5%, High. 3%)
Newsquawk Daily European Opening News - 5th February 2026
Chinese provinces set lower growth targets for 2026, according to FT
BNP Paribas (BNP FP) - Q4 (EUR): Net income 2.97bln (exp. 2.86bln), Revenue 13.1bln (exp. 12.9bln), reaffirms its 2024-26 targets and upgrades FY28 targets
BBVA (BBVA SM) - Q4 (EUR): Net income 2.53bln (exp 2.54bln), NII 7.03bln (exp. 6.82bln), expects 2026 profitability to increase to around 20%
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This could impact market sentiment and policy discussions around growth stimulus, emphasizing the need to monitor future economic data closely for further trends.
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