07:00 AM GMT, Germany - Industrial Production for October:
- German Industrial Production: actual -1.0% MoM; forecast 1.0% MoM; previous -2.0% MoM;
German factory output began Q4 with a sharp decline, missing estimates and highlighting the manufacturing sector's ongoing recession. Industrial output (excluding energy and construction) also fell by 0.3% month-on-month. Overall industrial production declines by -1.0% MoM lower than increase by 1.0% MoM forecasted.
Economic calendar: US Non-Farm Payrolls and Supreme Court decision on tariffs in focus๐ฝ
BREAKING: Weak macro data from Germany ๐จNorwegian CPI rises
Morning wrap (09.01.2026)
Daily summary: exceptionally low US trade deficit; dollar remains strong ๐