Swedish home appliance manufacturer Electrolux guided for a contraction in 2023 sales.
Shell reported a $40 bln profit for 2022 and announced a $4 bln buyback.
Deutsche Bank beat profit expectations for Q4.
The Bank of England raised its bank rate by 50 bps to 4.00%, as expected. The central bank believes that inflation in the U.K. and other economies has already peaked.
Germany’s December trade surplus EUR10.00 bln (expected surplus of EUR9.20 bln; last surplus of EUR10.90 bln). December Imports -6.1% m/m (expected -0.8%; last -3.2%) and Exports -6.3% m/m (expected -3.3%; last 0.1%)
Spain’s January Unemployment Change 70,700 (expected -15,200; last -43,700)
Swiss Q1 SECO Consumer Climate -9 (expected -38; last -47)