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China factory output accelerates as retail sales and investment lag – recap

China home prices fall again in December as property downturn persists

China Q4 GDP slows to three-year low despite hitting 2025 growth target

Japan election raises odds of sales tax cut, bond yields jump

China new home price continued to drop in December 2025.

JPY traders heads up, Japan PM Takaichi press conference from 0900GMT

China data: Q4 GDP 4.5% y/y (expected 4.4%), Dec retail sales +0.9% y/y (expected 1.2%)

Japan data: Machine Orders for November: -11.0% m/m (vs. expected -5.1%)

UK house asking prices post record seasonal jump, Rightmove says

Spain – At least 10 people died in high speed train crash

Reminder: US markets closed for holiday today, Martin Luther King Jr. Day January 19 2026

EU calls emergency summit as Trump escalates Greenland tariff threat. Euro a little lower.