German HCOB Composite PMI Final (Dec) vs. Exp. 51.5 (Prev. 52.4)
The final read of the German HCOB Composite PMI for December came in below expectations and down from the previous month, suggesting a deceleration in economic activity.
German Saxony CPI YoY (Dec) 1.9% Y/Y (Prev. 2.2%)
[MARKET UPDATE] Crude futures rise despite a lack of clear catalysts; price action elsewhere stable at the time of writing; WTI Feb +0.2%, Brent Mar +0.3% last
German HCOB Composite PMI Final (Dec) vs. Exp. 51.5 (Prev. 52.4)
French HCOB Services PMI (Dec) 50.1 vs. Exp. 50.2 (Prev. 50.2)
French HCOB Composite PMI (Dec) 50.0 vs. Exp. 50.1 (Prev. 50.1)
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This decline could indicate softer manufacturing and service sector performance, potentially influencing ECB policy discussions on interest rates and economic growth moving forward.
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