German GfK Consumer Confidence (Feb) -24.1 vs. Exp. -25.5 (Prev. -26.9, Low. -28, High. -22)

Newsquawk Staff · 28 Jan 2026, 07:20 UTC

What it means

The German GfK Consumer Confidence for February came in at -24.1, beating expectations of -25.5 and significantly improving from the previous reading of -26.9. This stronger-than-expected data suggests a potential stabilization in consumer sentiment, which could positively affect spending and growth forecasts, influencing the Euro's strength in the Forex market.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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