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Germany's retail sales rose by 0.1% in December 2025, defying expectations of a decline. Driven by higher food and non-food sales, the annual growth reached 1.5%, indicating a gradual recovery in consumer spending amid economic challenges.

The Nevi Netherlands Manufacturing PMI declined to 50.1 in January 2026, indicating weaker operating conditions and a drop in new orders. Despite increased output and employment, inflation pressures rose, leading to decreased business confidence.

In January 2026, the S&P Global Russia Manufacturing PMI rose slightly to 49.4, marking the mildest downturn in eight months. Despite declines in new orders and foreign sales, output contracted slowly. Employment fell sharply, and input cost inflation increased, leading to higher selling prices and weakened business sentiment.

In December 2025, Netherlands retail sales increased by 3% year-on-year, the slowest growth since May. Non-food sales slowed while food sales rose to 5%. Online sales grew at a slower pace, with an overall annual increase of 3.6% for 2025.

The BSE Sensex fell by 123 points to 80,560, its lowest since September 30, after a sell-off following a budget announcement. The index dropped nearly 2% the prior session, impacted by a securities tax hike and rising bond yields, with losses in major sectors.

In January 2026, Australia's Commodity Price Index increased by 2.6% year-on-year, driven by gains in gold, lithium, and rural commodities, despite declines in iron ore and oil prices. The monthly increase was 4.6%, marking six months of growth.

Foreign tourist arrivals in Indonesia rose 14.43% yoy to 1.41 million in December 2025, accelerating from a 9.79% growth in the previous month.

The HSBC India Manufacturing PMI increased to 55.4 in January 2026, signaling improved conditions, driven by strong domestic demand and a rise in factory output and new orders. However, business confidence hit a three-and-a-half-year low.

Business confidence in Singapore's manufacturing sector increased to 11 in Q4 2025, driven by strong demand in electronics and transport engineering, while chemicals faced challenges. Expectations for Q1 2026 show modest optimism for production, with stable employment levels.

The Indian rupee rose to 91.6 per dollar due to Reserve Bank intervention, but remains pressured by a strong US dollar, foreign outflows, and domestic market declines amid significant borrowing and tax increases. Investors await RBI measures and PMI data.

Australia’s 10-year government bond yield reached 4.81%, close to a two-year high, as markets anticipate a rate hike from the RBA. Strong economic data, including unexpected inflation and falling unemployment, supports this outlook. Analysts suggest yields may surpass 5% amid rising global rates.

Indonesia's inflation rose to 3.55% in January 2026, driven by low base effects, but was below expectations. Core inflation increased to 2.45%, while consumer prices fell 0.15% monthly, marking the first decline since August.

Indonesia's imports rose by 10.81% year-on-year to USD 23.83 billion in December 2025, surpassing market expectations and marking the highest growth rate since April.

In December 2025, Indonesia's trade surplus increased to USD 2.52 billion, driven by an 11.64% rise in exports to USD 26.36 billion, surpassing expectations. Imports also grew by 10.81%, marking a significant shift from previous declines.

Indonesia's exports surged 11.64% year-on-year to USD 26.36 billion in December 2025, a significant rebound from a 6.6% decline in November, exceeding predictions of a decline. This was the first increase in nearly a year and the fastest since February 2024.

China's 10-year government bond yield remains low at 1.8% amid mixed PMI data showing factory growth but overall contraction. High demand for bonds persists as banks increase purchases due to liquidity and regulatory changes, shifting focus from equities.

Japan's 10-year government bond yield rose to 2.27% amid anticipation of a ruling party gain in the Feb. 8 election, which may lead to expansionary fiscal policies. Concerns over timely interest rate hikes and inflation were highlighted by the Bank of Japan's recent meeting.

Bitcoin declined to below $76,000 in February, facing its longest losing streak since 2018 due to weak demand and liquidity. Significant ETF outflows and global uncertainty pushed investors toward safer assets, impacting other cryptocurrencies.

The offshore yuan rose to about 6.95 per dollar, driven by strong manufacturing PMI data indicating factory activity growth. Despite contrasting official figures and ongoing deflation concerns, sentiment improves as markets anticipate further PMI and inflation data.

The Australian dollar fell to $0.69 due to a stronger US dollar after Trump's Fed nominee, though expectations of a rate hike by the Reserve Bank of Australia provided some support. Inflation slowed, while job ads showed significant growth.