Portuguese Unemployment Rate (Dec) 5.6% (Prev. 5.7%)
The Portuguese unemployment rate edged down to 5.6% in December from a previous 5.7%, signaling a slight improvement in the labor market.
Trane Technologies plc (TT) Q4 2025 (USD): EPS 2.86 (exp. 2.82), Revenue 5.14bln (exp. 5.09bln); expects FY26 GAAP and adjusted continuing EPS for full-year 2026 of 14.65-14.85 (exp. 14.78)
CBRT Minutes (Jan): The underlying trend of inflation declined in December; "While leading indicators suggest that monthly consumer inflation has firmed in January, led by food prices, the rise in the underlying trend of inflation is limited."
Portuguese Unemployment Rate (Dec) 5.6% (Prev. 5.7%)
Dow (DOW) launches Transform to Outperform to raise the competitive industry benchmark for productivity and growth to enable improved returns; targeting at least USD 2bln near-term Op. EBITDA improvement; to cut around 4,500 jobs
The US administration is reportedly hosting senior defense and intelligence officials from Israel and Saudi Arabia for talks on Iran this week, Axios reports citing sources; in the context of US President Trump considering military strikes
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While this decrement is modest, it may reinforce a positive economic outlook for Portugal, potentially influencing policy considerations among EU policymakers regarding growth and employment. Analysts will be keen to assess if this trend continues, as it could have implications for regional labor dynamics and economic confidence.
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