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2nd February 2026 | view in browser
Fed fears fade, data week begins

Markets open North America with the dollar slightly softer as Fed independence concerns ease after Warsh’s appointment, attention shifts to a busy U.S. data week led by ISM and Friday’s payrolls, and cross-asset moves reflect cautious positioning amid lingering labor risks, steady inflation expectations, and modest FX and commodity adjustments.
 
 

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