Austria goes back into full pandemic lockdown
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USD begins new quarter on firm footing
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Asos [ASC.UK] +2% (trading update), Just Eat Takeaway [JET.UK] -5% |(trading update)
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Speakers
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ECB chief Lagarde stated that 2021 had begun on a more positive basis but reiterated that both fiscal and monetary policy support was still needed. Stressed that the EU fiscal aid must be rolled out quickly. ECB Dec Staff Projections remain plausible. Reiterated view that monitoring exchange rates very carefully
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ECB s Villeroy (France) reiterated Council stance that closely watching impact of exchange rates. Reiterated view that ECB to keep monetary policy loose for as long as necessary
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Germany Health Min Spahn stated that needed to do everything possible to curb the spread of coronavirus; would not be able to ease all curbs on Feb 1st ( Reminder: On Jan 12th speculation circulated that German Chancellor Merkel would seek the current lockdown measures to last until early April)