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America s Roundup: Dollar creeps higher as markets hover near thresholds, Wall Street gains, Silver gains, Oil hits one-year highs after U S stock drawdown-February 4th,2021

©Elmin Media . All Rights Reserved. America’s Roundup: Dollar creeps higher as markets hover near thresholds, Wall Street gains, Silver gains, Oil hits one-year highs after U.S. stock drawdown-February 4th,2021 Wednesday, February 3, 2021 9:46 PM UTC Market Roundup •US Jan Markit Composite PMI  58.7,58.0 previous •US Jan Services PMI  58.3,57.5 previous •Brazil Foreign Exchange Flows 2.797B,3.367B previous • US Jan ISM Non-Manufacturing PMI 58.7, 56.8, 57.7 previous • US Jan ISM Non-Manufacturing Business Activity   59.9,57.3, 60.5 previous •US Jan ISM Non-Manufacturing Prices 64.2,  64.4 previous •US Jan ISM Non-Manufacturing Employment  55.2,48.7 previous •US Jan ISM Non-Manufacturing New Orders  61.8,58.6 previous •US Crude Oil Inventories-0.994M, 0.446M forecast, -9.910M previous Looking Ahead – Economic Data (GMT)

Snap election looks less likely in Italy; Focus on BOE decision to be on negative rate outlook

+1.8% (earnings), TomTom [TOM2.NL] -13.5% (Earnings) - - - - - Speakers - ECB Economic Bulletin noted that the pandemic continued to pose serious risks to public health and to the euro area and global economies. Start of vaccination campaigns across the euro area was an important milestone in the resolution of the ongoing health crisis. Monetary stimulus remained essential to preserve favorable financing conditions over the pandemic period for all sectors of the economy - German Fin Min Scholz stated that had to make a decision in coming days whether debt brake suspension would also occur in 2022 - Italy Viva Party leader Renzi stated that Draghi was the best person for the Prime Minister position

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