France’s Q4 nonfarm payrolls 0.0% qtr/qtr (expected 0.2%; last 0.4%)
Italy’s December Retail Sales -0.2% m/m (expected -0.8%; last 0.8%); 3.4% yr/yr (last 4.4%)
European Central Bank policymaker Schnabel said that inflation momentum remains elevated and repeated that the ECB expects to hike by 50 bps in March.
The U.K.’s National Institute of Economic and Social Research expects that inflation in the U.K. will remain above 3.0% until the end of 2024.
Volkswagen reported sales and earnings growth for 2022.