Eurozone’s GDP expanded slightly in Q4, according to the flash reading.
Mortgage approvals in the U.K. were at their lowest level since mid-2020 in the December reading.
UBS beat profit expectations for Q4 but said that its outlook is uncertain.
French Finance Minister Le Maire said that the French economy is solid, and that growth is expected in 2023.
Eurozone’s flash Q4 GDP 0.1% qtr/qtr (expected -0.1%; last 0.3%); 1.9% yr/yr (expected 2.2%; last 2.3%)
Germany’s January unemployment change -15,000 (expected 5,000; last -13,000) and January Unemployment Rate 5.5%, as expected (last 5.5%). December Retail Sales -5.3% m/m (expected 0.2%; last 1.9%); -6.4% yr/yr (expected -1.8%; last -5.9%). December Import Price Index -1.6% m/m (expected -2.6%; last -4.5%); 12.6% yr/yr (expected 12.0%; last 14.5%)
U.K.’s December Mortgage Lending GBP3.24 bln (expected GBP4.00 bln; last GBP4.26 bln) and December Mortgage Approvals 35,610 (expected 45,000; last 46,190) o France’s flash Q4 GDP 0.1% qtr/qtr (expected 0.2%; last 0.1%); 0.5% yr/yr (last 1.0%). January CPI 0.4% m/m (expected 0.5%; last -0.1%); 6.0% yr/yr (expected 6.1%; last 5.9%). December PPI 1.4% m/m (expected 0.0%; last 1.2%) and December Consumer Spending -1.3% m/m (expected 0.2%; last 0.6%)
Italy’s Q4 GDP -0.1% qtr/qtr (expected -0.2%; last 0.5%); 1.7% yr/yr (expected 1.6%; last 2.6%). December Unemployment Rate 7.8%, as expected (last 7.8%)
Spain’s November Current Account surplus EUR5.64 bln (last surplus of EUR2.70 bln)
Swiss December Retail Sales -2.8% yr/yr (expected -0.7%; last -1.4%)