US nonfarm payrolls rose 130k MoM in Jan, from 48k in Dec
Rise greater than 70k expected; large downward revision in earlier payrolls data
Mixed report; the US labor market is softening, but not collapsing
Italian industrial production fell -0.4% MoM in Dec 2025, versus growth of 1.5% in Nov
Less weak than expected -0.5% fall; YoY, IP rose 3.2% in Dec, versus 1.4% in Nov
Rebounding domestic and eurozone demand will support industrial activity in 2026
Japan's PPI rose 2.3% YoY in Jan, versus 2.4% in Dec
In line with expectation
Fiscal expansion could heat the Japanese economy up further
Malaysia's unemployment rate was at 2.9% in Dec, unchanged from Nov
NA; lowest level since 2014
MYR and Malaysian equities are rallying as Malaysia benefits from US-China decoupling