Spanish HCOB Composite PMI (Jan) 52.9 (Prev. 55.6)

The decline in the Spanish HCOB Composite PMI from 55.6 to 52.9 indicates a significant slowdown in the combined manufacturing and service sectors.

Newsquawk StaffPublished 4 Feb 2026, 08:35 UTCOn the live feed at 08:15 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

08:19

South Korean assembly formed a special committee on US investment

08:17

Equinor's (EQNR NO) CEO says they are looking to invest more in Brazil and onshore US and that the Co. remains active in the market

08:15

Spanish HCOB Composite PMI (Jan) 52.9 (Prev. 55.6)

08:10

EUROPEAN OPEN: IFX GY sees higher sales, lifts investment to meet AI demand; UBS SW net profit surges; GSK LN topped profit expectations in Q4; NOVN SW sees low operating profit decline in 2026; NOVOB DC warns sales & profit growth will decline in 2026

08:05

European Movers: Beazley (BEZ LN) +8.6%, Infineon (IFX GY) +3.3%, GSK (GSK LN) -0.6%, Novartis (NOVN SW) -2.3%, Santander (SAN SM) -3.9%, Novo Nordisk (NOVOB DC) -18%

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Context

This drop suggests weakening economic momentum and could influence expectations around monetary policy, particularly given that it breaches the 50 mark, which denotes contraction. Traders should monitor how this affects sentiment across the euro and European equities as it points to potential challenges in the broader EU growth outlook.

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