Knot on the wires
ECB’s Knot is a hawk. Watch out for any comments on EUR strength and how the ECB could counter it. 
ECB wants to keep a check on EUR strength so it doesn’t harm their export based economy. 

Gold vs real yield: The one chart you need
Gold prices (blue line) are being supported by falling real yields (gold line). Yesterday’s weak US CPI reading caused US10Yrs to fall pressuring real yields further to the downside. 

Latest data from the Mortgage Bankers Association for the week ending 5 February 2021
The drop stems from a decline in both purchasing and refinancing activity, with the long-term mortgage rate creeping higher amid the push higher in yields as well.

EU wants an extension until 30 April to ratify Brexit trade agreement
As things stand, both the EU and UK are running with a provisional application of the deal – which is supposed to last until the end of February.

Comments by ECB policymaker, Pablo Hernandez de Cos

The Lunar New Year is upon us
That will impact liquidity conditions in Asia, so just be mindful of that as Chinese markets will only reopen on Wednesday, 17 February next week.

The dollar pushes higher after earlier declines
EUR/USD has given up most of its advance and falls to 1.2114 from 1.2144 earlier while we are seeing USD/JPY hold a slight bounce from its 100-day moving average near 104.40 to post a session high of 104.75 currently.

The yen is extending gains in the major currencies space
Oil has turned around gains to keep lower with WTI falling from $58.60 to $57.75, down 0.4% on the session at the moment. European equities are also keeping slightly lower while S&P 500 futures are pushed to session lows, down 0.2%.

Latest data released by NFIB – 9 February 2021
The actual reading misses on estimates and falls to an eight-month low as outlook for business conditions deteriorate further in the US – a third straight drop.

Silver is one of the better performers in European morning trade
Precious metals are showing a solid bounce this week, with gold advancing towards $1,850 and silver now up by nearly 2% on the day and closing in on $27.80 as the dollar is seen weaker across the board in European trading.