Eurozone’s January Business and Consumer Survey 99.9 (expected 97.0; last 97.1)
Germany’s Q4 GDP -0.2% qtr/qtr (expected 0.0%; last 0.5%); 0.5% yr/yr (expected 0.8%; last 1.3%)
Italy’s December non-EU trade surplus EUR4.08 bln (last surplus of EUR2.01 bln)
Spain’s January CPI -0.3% m/m (last 0.2%); 5.8% yr/yr (expected 4.9%; last 5.7%). January Business Confidence -4.3 (last -5.1). December Retail Sales 4.0% yr/yr (last -0.5%)
Swiss January KOF Leading Indicators 97.2 (expected 93.3; last 91.5)
Concerns about a recession in the eurozone are back in the discussion after Germany’s GDP contracted during Q4 against expectations for no growth.
Ryanair expects strong bookings during the summer.
Fitch raised Greece’s rating to BB+ from BB with a Stable outlook.