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Overseas Headlines – February 4, 2026

February 4, 2026

 

United States:

US Private Hiring Missed Forecasts in January, ADP Data Show

 

US companies added fewer jobs than expected in January, pointing to a continued slowdown in the labor market at the start of the year.

 

Private-sector payrolls increased by 22,000 after a downward revision to the prior month, according to ADP Research data released Wednesday.

 

https://www.bloomberg.com/news/articles/2026-02-04/us-companies-added-22-000-jobs-in-january-adp-says

 

 

Europe:

Euro-Zone Inflation Rate Falls to Lowest in More Than a Year

 

Euro-area inflation sank well below the European Central Bank’s 2% target as officials weigh their next steps on interest rates.

 

Consumer prices rose 1.7% from a year ago in January — down from a revised 2% in December and in line with the median estimate in a Bloomberg survey.

 

https://www.bloomberg.com/news/articles/2026-02-04/euro-zone-inflation-rate-falls-to-lowest-in-more-than-a-year

 

 

Asia:

China’s Services Activity Picks Up in Sign of Economic Momentum

 

 

China’s services activity picked up after growing at a slower rate for four straight months, a private survey showed, suggesting that pockets of the economy are seeing renewed momentum despite a rocky start to the year.

 

The RatingDog China services purchasing managers’ index rose to 52.3 in January from 52 in the prior month, according to a statement published Wednesday.

 

https://www.bloomberg.com/news/articles/2026-02-04/china-services-gauge-expands-at-faster-rate-despite-frail-demand

 

 

 

 

 

 

 

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