ECB: Euro area’s Negotiated Wages rise 2.95% YoY in Q4 vs. 1.89% in Q3

On Friday, the European Central Bank (ECB) released its indicator of the Euro area’s Negotiated Wage Rates data for the fourth quarter (Q4) of 2025.

Canada: Growth outlook trimmed as trade risks linger – NBC

National Bank of Canada’s (NBC) Economics and Strategy team slightly lowers its 2026 Canadian GDP forecast to 1.1% and highlights a sharp drop in potential GDP to 0.6% due to demographic recalibration.

US GDP growth set to slow in Q4 as government shutdown weighs on the economy

The United States (US) Bureau of Economic Analysis (BEA) will publish the first preliminary estimate of the fourth-quarter Gross Domestic Product (GDP) at 13:30 GMT.

Japan: Solid services inflation backs BoJ stance – Societe Generale

Societe Generale economists Reo Sakida and Jin Kenzaki review latest Japan inflation data, noting Headline at 1.5%, Core at 2.0% and Core-core at 2.6%.

UK flash Composite PMI expands faster to 53.9 in February

The United Kingdom (UK) flash Composite PMI unexpectedly rises at a faster-than-expected pace to 53.9 in February from 53.7 in January. The overall business activity was expected to expand again, but at a moderate pace to 53.4.