Italian HCOB Construction PMI (Dec) 47.9 vs. Exp. 48.9 (Prev. 48.2)
The Italian HCOB Construction PMI for December came in at 47.9, missing expectations of 48.9 and falling slightly from the previous month’s 48.2.
Maersk (MAERSKB DC) says Asia-Pacific ocean freight markets enter 2026 with cautious optimism; intra-Asia volumes are gaining momentum, and supply chain planning is increasingly focused on agility, regional connectivity, and early Chinese NY preparations
Newsquawk Bond Auction Previews - 7th January 2026
Italian HCOB Construction PMI (Dec) 47.9 vs. Exp. 48.9 (Prev. 48.2)
China preliminary retail car sales -13% Y/Y, via PCA
Bluescope (BSL AT) rejects takeover offer by SGH and Steel Dynamics (STLD), Bloomberg reports
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This miss indicates ongoing contraction in the construction sector, which could signal broader economic weakness and may impact ECB policy considerations moving forward.
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