STMicroelectronics beat Q4 expectations and issued strong guidance while Diageo reported solid six-month results and reaffirmed its guidance for the fiscal year. Germany’s Economy Minister Habeck said that the trend in inflation has been broken. Italy’s Economy Minister Giorgetti said that energy subsidies for families and businesses will be extended before April.
U.K.’s January CBI Distributive Trades Survey -23 (expected -5; last 11). Q3 Labour Productivity 0.1% (last 0.1%)
Italy’s January Consumer Confidence 100.9 (expected 102.7; last 102.5) and Business Confidence 102.7 (expected 101.8; last 101.5)
Spain’s Q4 Unemployment Rate 12.87% (expected 12.50%; last 12.67%)