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%)
Strong Service ISM Reading as activity expanded most since 2022
BREAKING: Stronger than expected ADP fails to support the dollar 🇺🇸
Economic calendar: ADP Labor market report and ISM services 🔎
Morning wrap (04.03.2026)