German Business Morale Hits Six-Month High as Italian Inflation Stabilizes

Key TakeawaysGerman business sentiment surged to 88.6 in February, outperforming market expectations of 88.3 and marking a six-month high for the Eurozone's largest economy.Italy’s final harmonized inflation (HICP) held steady at 1.0% Y/Y in January, confirming preliminary data and supporting the European Central Bank's (ECB) current disinflationary narrative.Swiss sight deposits jumped to 457.6B CHF for the week ending February 20, up from 452.7B CHF previously, signaling a notable increase in liquidity wi ...