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China: Soft PMI data indicates domestic challenges – ING
China's official manufacturing purchasing managers’ index (PMI) fell to 49.3 in January, indicating a contraction and coming in well below forecasts. The non-manufacturing PMI also slipped back into contraction at 49.4, marking a 37-month low.Fxstreet
Mon, Feb 2
France passes delayed 2026 budget, ending months-long saga
2026 budget passes as no-confidence motions fail Socialists have secured concessions in boost for LecornuMacron's domestic agenda stalled, focus shifts to foreign policyBy Michel Rose PARIS, Feb 2 (Reuters) - France finally got a 2026 budget on Monday, when two no-confidence motions failed, a...Reuters
Mon, Feb 2
Warsh to face 'tall task' as Fed chief, Bostic says
Bostic believes Fed should not cut interest rates this yearWarsh picked by Trump in part for his support of lower ratesFed voted 10-2 last week to maintain current borrowing costsBy Ann Saphir Feb 2 (Reuters) - Kevin Warsh, President Donald Trump's nominee to be the next Federal Reserve c...Reuters
Mon, Feb 2
US January employment report will be delayed because of partial government shutdown
WASHINGTON, Feb 2 (Reuters) - The U.S. Bureau of Labor Statistics said on Monday the closely watched employment report for January will not be released on Friday because of a partial shutdown of the federal government."The release will be rescheduled upon the resumption of government funding,...Reuters
Mon, Feb 2
Warsh to face 'tall task' as Fed chair, Bostic says
Feb 2 (Reuters) - Kevin Warsh, President Donald Trump's nominee to be the next Federal Reserve chair, faces a "tall task" in leading the U.S. central bank, particularly if he aims to convince the members of the policy setting committee to go along with him on monetary policy decisions, A...Reuters
Mon, Feb 2
Venezuela oil exports rise sharply in January under US control, data shows
Chevron more than doubled crude exports to 220,000 bpdVitol, Trafigura shipped some 12 million barrels January exports close to 2025 averageMillions of barrels still to be drainedBy Marianna ParragaFeb 2 (Reuters) - Venezuelan oil exports rose to some 800,000 barrels per day (bpd) in January, from ...Reuters
Mon, Feb 2
WRAPUP 1-Post-holiday reordering boosts US manufacturing in January
ISM manufacturing PMI rises to 52.6, highest since August 2022New orders sub-index jumps to 57.1; employment contraction slowsBy Lucia Mutikani WASHINGTON, Feb 2 (Reuters) - U.S. factory activity grew for the first time in a year in January as businesses placed new orders after the holiday season...Reuters
Mon, Feb 2
Tesla registrations in Europe show some signs of recovery in January
Registrations up in Sweden, Denmark, Spain and ItalyThey dropped in Norway, France, Belgium, Portugal and the Netherlands 2025 sales fell 27%, recovery hindered despite cheaper models Feb 2 (Reuters) - Registrations of new Tesla TSLA.O cars in some of its largest European markets showed some sign...Reuters
Mon, Feb 2
Partial US government shutdown will delay January's employment report, BLS says
WASHINGTON, Feb 2 (Reuters) - The U.S. Bureau of Labor Statistics said on Monday the closely watched employment report for January will be not be released on Friday because of a partial shutdown of the federal government."The release will be rescheduled upon the resumption of government funding,...Reuters
Mon, Feb 2
Italy new car sales up by 6.2% year-on-year in January
ROME, Feb 2 (Reuters) - The market for new cars in Italy began on a positive note in 2026, with January sales up 6.18% year-on-year to around 142,000 vehicles, transport ministry data showed on Monday.Over the whole of 2025, full-year sales fell 2.1% to around 1.56 million units. Italian market lead...Reuters
Mon, Feb 2
BLS announces no NFP release on Friday amid partial government shutdown
The US Bureau of Labor Statistics (UBS) advised markets on Monday that Friday's scheduled publication of the latest Nonfarm Payrolls (NFP) jobs data package will be suspended until federal government operations resume.Fxstreet
Mon, Feb 2
Tesla new car sales in Italy jump year-on-year in January, after 2025 drop
MILAN, Feb 2 (Reuters) - Tesla's TSLA.O new car registrations in Italy rose 75% year-on-year in January, after posting an 18% drop over the whole of 2025, data from the Italian transport ministry showed on Monday.The relatively low number of sales for the U.S. electric-vehicle company in Italy o...Reuters
Mon, Feb 2
European bond yields inch higher as metals rout roils markets
Safe-haven euro zone bond yields rise amid metals market turmoilECB expected to keep interest rates unchanged despite euro strength concernsGerman inflation data shows slight increase in JanuaryBy Sophie Kiderlin LONDON, Feb 2 (Reuters) - Safe-haven euro zone government bond yields rose on Monda...Reuters
Mon, Feb 2
Middle East: Trade growth dynamics – Standard Chartered
Middle East trade is experiencing significant growth, projected to increase by 15% compared to 9% globally from 2021 to 2024. Asia is expected to dominate this trade corridor, expanding from USD 0.9 trillion in 2024 to USD 1.5 trillion by 2030.Fxstreet
Mon, Feb 2
GLOBAL ECONOMY-Global factory activity improves on growing demand
Euro zone manufacturing output returns to growthJapan, South Korea factory activity expand at multi-year paceChina's manufacturing activity expands in private surveySurveys brighten prospects for Asia's export powerhousesBy Leika Kihara and Indradip Ghosh BENGALURU/TOKYO, Feb 2 (Reuters) ...Reuters
Mon, Feb 2
TREASURIES-US Treasury yields rise as Warsh set to lead Fed
Warsh's past hawkish stance contrasts with current dovish toneMarket uncertain about Warsh impact on Fed balance sheet policyReport expected to show 65,000 new jobs, steady unemployment By Karen Brettell NEW YORK, Feb 2 (Reuters) - U.S. Treasury yields rose on Monday as traders evaluated whet...Reuters
Mon, Feb 2
US ISM Manufacturing PMI improves to 52.6 in January vs. 48.5 expected
The business activity in the US manufacturing sector expanded in January, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) improving to 52.6 from 47.9 in December. This reading came in better than the market expectation of 48.5.Fxstreet
Mon, Feb 2
