PMI remains weak, and the shadow of "stagflation" looms over the United Kingdom's economy.

S&P Global stated that the key Index is just slightly above the contraction Range; with increasing price pressures, the risk of stagflation is becoming greater.

Zhitong FinanceJan 24 20:09

Lowering interest rate expectations! The eurozone's January composite PMI returns to expansion, and Germany's manufacturing PMI exceeds expectations.

The Eurozone economy showed signs of recovery at the beginning of the year, with the composite PMI rising above the neutral line in January, but inflation accelerated for the fourth consecutive month, reaching its fastest pace since April 2023. Business activity in Germany stabilized in January, with a reduced decline in export Business. The manufacturing PMI in France continued to shrink, but the rate of decline was the slowest since September of last year.

wallstreetcnJan 24 17:37

Survey: Sticky inflation may sweep across Europe, Lagarde may be feeling "overwhelmed."

According to a survey of economists, concerns about inflation in Europe have resurfaced, raising doubts about whether the European Central Bank should pause or stop interest rate cuts in the spring; Economists surveyed have maintained their basic prediction of four rate cuts of 25 basis points each by the European Central Bank in 2025, but there is a divergence regarding the timing of these cuts; Respondents believe that USA policy is seen as the most severe threat to economic growth in the eurozone.

cls.cnJan 24 17:22

The preliminary value of the Eurozone's composite PMI for January rises to 50.2, exceeding market expectations.

S&P Global and Hamburg Commercial Bank (HCOB) jointly announced that the Eurozone's January Services Purchasing Managers' Index (PMI) preliminary value dropped to 51.4 (from 51.6 in December), slightly below the market expectation of 51.5; the Manufacturing PMI preliminary value rose to 46.1 (from 45.1 in December), reaching an eight-month high, surpassing the market expectation of 45.4; the Manufacturing Output Index preliminary value increased to 46.8 (from 44.3 in December), also hitting an eight-month high; the Composite PMI preliminary value rose to 50.2 (from 49.6 in December), reaching a five-month high, exceeding the market expectation of 49.7. (su/k)~

AASTOCKSJan 24 17:19

The Eurozone's manufacturing PMI preliminary value for January is 46.1, surpassing expectations.

Gelonghui January 24 | The eurozone's January manufacturing PMI preliminarily is 46.1, expected 45.3, previous value 45.1; the service sector PMI preliminarily is 51.4, expected 51.5, previous value 51.6.

Gelonghui FinanceJan 24 17:00

Traders expect the European Central Bank to cut interest rates by 92 basis points in 2025.

On January 24, after the release of Germany's PMI data, traders reduced their bets on the European Central Bank cutting interest rates in 2025, expecting a reduction of 92 basis points.

Gelonghui FinanceJan 24 16:38