German Unemployment Change (Jan) 0K vs. Exp. 4K (Prev. 3K)
The German unemployment change figures indicate a flat outcome of 0K in January, starkly underperforming expectations of a 4K increase and only slightly deviating from the previous 3K.
Italian GDP Growth Rate YoY Adv (Q4) Y/Y 0.8% vs. Exp. 0.5% (Prev. 0.6%)
Italian GDP Growth Rate QoQ Adv (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.1%)
German Unemployment Change (Jan) 0K vs. Exp. 4K (Prev. 3K)
Caixabank (CABK SM) exec. says they expect NII to grow in each quarter in 2026, but Q1 could fall compared to Q4'25
Novo Nordisk (NOVOB DC) announces that their Chinese President is to step down
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This miss suggests stronger labor market resilience than anticipated, which may influence ECB policy considerations amid ongoing economic uncertainties in the Eurozone. The market could interpret this data as supportive for growth, potentially impacting Euro performance and rates.
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