Norwegian PPI YoY (Dec) Y/Y -11.4% vs. Exp. -8.6% (Prev. -8.1%)
The significant drop in the Norwegian PPI YoY to -11.4%, far exceeding expectations of -8.6%, suggests sharp deflationary pressures that could indicate weakening demand or oversupply issues.
ECB's Radev says the current level of rates is appropriate
China's Foreign Ministry, on US President Trump's remarks on Taiwan, says there is no room for any external interference and the issue is purely an internal matter
Norwegian PPI YoY (Dec) Y/Y -11.4% vs. Exp. -8.6% (Prev. -8.1%)
Notable FX Option Expiries for today's NY cut: Large EUR/USD expiries on NFP day
Newsquawk Daily European Equity Opening News - 9th January 2026
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This miss relative to consensus could impact expectations for Norges Bank's monetary policy, potentially leading to a reevaluation of interest rate projections as the central bank may need to consider further easing in response to declining prices.
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