German HCOB Services PMI Flash (Jan) 53.3 vs. Exp. 52.5 (Prev. 52.7)
The German HCOB Services PMI Flash for January came in at 53.3, beating expectations of 52.5 and up from the previous 52.7.
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 Services PMI Flash (Jan) 53.3 vs. Exp. 52.5 (Prev. 52.7)
[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 stronger-than-expected print suggests a slight acceleration in service sector growth, indicating potential resilience in the economy that could impact ECB policy outlook and market sentiment toward the euro.
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