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Markets Rally on Germany’s Factory Rebound & UK Rate Cut Hopes
Surprise upside from Germany’s factory orders—a 6.9% surge in December, smashing expectations of 2% growth. Large-scale transport and machinery orders fueled the rebound, lifting global equities and pushing the DAX up 1%.
Meanwhile, the Bank of England is expected to cut rates by 25bps, bringing them down to 4.5%. Investors are watching closely for signals on inflation and economic stagnation in the UK.
📉 In the U.S., Treasury yields dip as ISM Services PMI falls to 52.8, signaling softer-than-expected service sector activity. Traders are now focused on today’s jobless claims and tomorrow’s non-farm payrolls report, which could set the tone for Fed policy.
Markets are shifting fast—stay ahead with today’s recap! 🎧
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