China’s China’s National Bureau of Statistics (NBS) official survey PMIs 
The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‚expansion‘ for most of 2020 despite the pandemic impact. China’s policy of „internal circulation“ (in a nutshell business buying locl inouts rather than imported where

What you need to know
The basic playbook for the COVID-19 recovery is that the vaccine will work. However, one aspect you may have in the back of your mind is how effective will the vaccine be against the COVID-19 variants? In this article I will outline the variants and some of the key issues that

The forex news for North American trading on January 29, 2021
It was a relatively quiet day for the meme stocks, after yesterday’s volatile price action following the restrictions on trading by RobinHood and others. The relative calm in the meme stocks, did not  stop the major US indices from moving sharply to the downside and

Dallas Fed Pres. Kaplan participating in a virtual event
Kaplan is a nonvoting member on the FOMC board in 2021

Dow industrial average down -2.03%.
the final numbers are showing:

Weekly forex futures positioning data from the CFTC for the week ending Tuesday, January 26
– EUR long 163K vs 163K long last week. Unchanged
– GBP long 8K vs 14K long last week. Longs trimmed by 6K

The greenback falls to fresh lows on the day now
It is shaping up to be groundhog day in the market as the dollar falls against most major currencies as it pares its earlier advance in the European morning.

The EU wants AstraZeneca to show accountability as the feud continues
here

Sankei News reported on the matter
The report says that the state of emergency, due to run through to 7 February, is to be extended for another month. Adding that the government is expected to make the announce next week on 2 February.

Reuters reports, citing sources familiar with discussions
– Rate cut talk has been marginal in policy discussions
– ECB focusing on financing conditions, lending rates in policy decisions
I think this was plain to see for most people as the ECB themselves have emphasised that they will if need be, tweak PEPP rather than pursue other policy alternatives