Germany industrial production seasonally adjusted (for January) came in -5.5% YoY vs -4.8% exp. and -3.13% previously (MoM 1% vs 0.6% exp. and -2% previously)
- German PPI MoM for January came in 0.2% (exp 0.1%; prev -1.2%)
- German PPI YoY for January came in -4.4% (exp. -6.6%; prev -8.6%)
Market Wrap: Wall Street and Europe lose ground; markets await Trump in Davos🛣️
What next for interest rates in the UK❓ Tobacco and airfare drive up prices in the economy 📈
Economic calendar: Trump’s speech in Davos and Wall Street earnings 🔎
Morning wrap (21.01.2026)