German HCOB Manufacturing PMI Flash (Jan) 48.7 vs. Exp. 47.8 (Prev. 47.0)
The German HCOB Manufacturing PMI for January came in at 48.7, beating expectations of 47.8 and improving from the previous print of 47.0.
EU HCOB Composite PMI Flash (Jan) 51.5 vs. Exp. 51.8 (Prev. 51.5)
Japanese PM Takaichi says the two-year consumption tax cut on food items proposal would "not rely on deficit-financing bonds". Adding, it applies to food only and is limited to two years, Nikkei reports.
German HCOB Manufacturing PMI Flash (Jan) 48.7 vs. Exp. 47.8 (Prev. 47.0)
[MARKET UPDATE] XAU falls alongside pressure in US equity futures
Ukrainian President Zelensky says he discussed with US President Trump additional air defence missiles, and provisions for PAC-3 & anti-ballistic missiles
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This suggests a slight rebound in manufacturing activity, which may bolster confidence in the Eurozone's economic outlook, potentially impacting monetary policy discussions in the coming weeks.
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