German HCOB Composite PMI Final (Jan) 52.1 vs. Exp. 52.5 (Prev. 51.3)

The final print of Germany's HCOB Composite PMI for January came in at 52.1, slightly below expectations of 52.5, but up from December's 51.3.

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EU HCOB Composite PMI Final (Jan) 51.3 vs. Exp. 51.5 (Prev. 51.5)

EU HCOB Services PMI Final (Jan) 51.6 vs. Exp. 51.9 (Prev. 52.4)

German HCOB Composite PMI Final (Jan) 52.1 vs. Exp. 52.5 (Prev. 51.3)

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"Deputy Speaker of Iran's Parliament: Iran and the United States likely reached preliminary understandings before sitting down at the negotiating table", Sky News Arabia reports

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This indicates ongoing growth in the sector, albeit at a slower pace than anticipated, which could impact sentiment toward the Euro and considerations for future ECB policy, especially if this trend suggests a cooling economy.

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