German Saxony CPI MoM (Dec) 0.2% M/M (Prev. -0.2% )

The December CPI for German Saxony has come in at 0.2% MoM, reversing the previous -0.2% reading, which indicates a potential stabilization in consumer prices and may alleviate deflationary concerns.

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ECB's Villeroy says recent French CPI reading is good news for favourable rates

[MARKET UPDATE] Bund Mar'26 lifted from 127.40 to a session peak of 127.62 within a few minutes of German State CPIs; potentially on the North Rhine Westphalia M/M printing at 0.00%, whilst the Nationwide M/M expectation implies a slightly firmer reading

German Saxony CPI MoM (Dec) 0.2% M/M (Prev. -0.2% )

[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 Final PMI (Dec) 51.3 vs. Exp. 51.5 (Prev. 51.5)

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This modest increase could support a more hawkish outlook for the ECB if broader trends reflect similar upward movements across Germany, impacting EUR sentiment and rate expectations.

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