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

The dollar is leading gains in trading so far today
The is helping with the dollar push today, as the pair now nears a test of 105.00 with eyes on the 200-day moving average @ 105.62.

The risk rout calms down ahead of North American trading
The greenback continues to lead the charge in the major currencies space but gains have been trimmed somewhat across the board as risk sentiment exudes some calmer tones.

A modest bounce in equities after the sharp drop earlier
The DAX is now trimming losses to just under 1% and European indices are also calming down a little following the plunge earlier to start the session.

Cases continue to reflect signs of a plateau but the death count remains on the higher side once again
A bit of a late update via RKI today but the latest figures don’t reflect much change in recent developments on the virus situation in Germany.

ONS reports on the situation for the period of 11-24 January
They estimate that 17% of the workforce is on furlough, the highest level since July while the percentage of businesses currently trading remains at 71%.

Latest data released by Eurostat – 28 January 2021