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UK economy gathers pace at start of 2026 but cost burdens persist, PMI shows
By Suban Abdulla LONDON, Feb 4 (Reuters) - Activity in Britain's services sector grew strongly in January and confidence rose, a survey showed on Wednesday, but firms also reported a jump in their prices, a potential concern for the Bank of England before its interest rate decision this week....Reuters
Wed, Feb 4
Euro zone economic momentum wanes further in January, PMI shows
BENGALURU, Feb 4 (Reuters) - The euro zone economy's growth slowed for a second consecutive month in January as demand nearly stagnated and hiring came to a halt, indicating a fragile start to 2026, a survey showed.The HCOB Eurozone Composite Purchasing Managers' Index, compiled by S&P G...Reuters
Wed, Feb 4
German engineering orders down 5% in December
BERLIN, Feb 4 (Reuters) - German engineering orders fell 5% in December mainly on weak demand from non-euro zone countries, a weak end to a year of stagnation, engineering firm VDMA said on Wednesday. While domestic orders were up 7% on the year in December, foreign contracts were down 9%, with thos...Reuters
Wed, Feb 4
German service sector upturn carries into start of 2026, survey shows
Rise in new export business drove up overall inflowsWithout services, economy in worst state, says economistEmployment takes 'somewhat surprising' fall in JanuaryBERLIN, Feb 4 (Reuters) - The upturn in business activity in Germany's service sector carried on into the new year, though the...Reuters
Wed, Feb 4
Tesla's China-made EV sales rise 9.3% y/y in January
BEIJING, Feb 4 (Reuters) - Tesla TSLA.O sold 69,129 China-made electric vehicles in January, up 9.3% from a year earlier, extending gains for a third consecutive month as it battles shrinking market share in both China and Europe.Deliveries of Model 3 and Model Y vehicles made at its Shanghai plant,...Reuters
Wed, Feb 4
Euro zone bond yields dip before inflation data
Germany's 10-year Bund yield down 1.5 basis pointsEconomists expect core inflation at 2.3%ECB likely to keep deposit rate on hold at 2% on Thursday LONDON, Feb 4 (Reuters) - Euro zone government bond yields inched lower on Wednesday, ahead of preliminary bloc-wide inflation data later, while ...Reuters
Wed, Feb 4
China’s RatingDog Services PMI rises to 52.3 in January vs. 51.8 expected
China's Services Purchasing Managers' Index (PMI) climbed to 52.3 in January from 52.0 in December, the latest data published by RatingDog showed on Wednesday. This figure came in stronger than the expectations of 51.8.Fxstreet
Wed, Feb 4
China services activity picks up in January, hiring hits 6‑month high, survey shows
China RatingDog services PMI 52.3 in Jan vs 52.0 in DecNew business growth acceleratesBusiness confidence slips over global economic outlook concernsNine-day holiday period expected to boost servicesBy Ellen Zhang and Ryan Woo BEIJING, Feb 4 (Reuters) - China's services activity expanded at i...Reuters
Wed, Feb 4
