The German bunds remained mixed during European session Monday ahead of the European Central Bank (ECB) President Mario Draghi’s speech, scheduled to be held today by 14:00GMT and the country’s short-term 2-year auction, due on January 29 by 10:40GMT, for further direction in the debt market.
The German 10-year bond yields, which move inversely to its price, remained tad lower at 0.195 percent, the yield on 30-year note hovered around 0.783 percent and the yield on short-term 2-year slipped 1 basis point to -0.587 percent by 09:40GMT.
It should be a busy week for new economic data releases in the euro area bringing the first estimates of Q4 GDP. The figures for the euro area are due on Thursday, with the headline growth rate expected to be unchanged from the previous quarter, at 0.2 percent q/q.
Besides GDP, the preliminary euro area inflation data for January will also be received on Friday. With energy CPI set to have remained on a downward trend, the headline rate will probably take another hit – expectations are for a 0.3ppt drop to 1.3 percent y/y, a rate last seen in April before energy inflation took off. Nevertheless, core inflation is likely to remain unchanged at 1.0 percent y/y, which is bang in line with its average in recent years, Daiwa Capital Markets reported.
With the exception of the euro area unemployment figures, which are due on Thursday, other most notable data releases will be economic sentiment surveys. The European Commission survey is out on Tuesday – echoing the preliminary PMIs, this will probably be consistent with a further weakening in economic momentum.
And at the end of the week, the final manufacturing PMIs will be watched too. Today will bring bank lending data for December. In the bond market, Italy will issue new government bonds on today and tomorrow, while auctions of 2-year and 10-year Bunds are scheduled for tomorrow and Wednesday respectively, the report added.
Meanwhile, the German DAX slipped -0.24 percent to 11,255.28 by 09:50GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained neutral at -13.12 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex


U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 



