NEWS💥💥💥
💰 A Bitcoin-led selloff has erased $467.6B from the crypto market in under a week, with Bitcoin sliding to its lowest level since November 2024 amid a broad risk-off move.
🇺🇸 Thomas Barkin said last year’s Fed rate cuts helped support jobs and that policymakers are now focused on the “last mile” of bringing inflation back to the Federal Reserve System’s target.
🥇 China’s four largest gold ETFs saw record outflows of ~6.8B yuan ($980M) in a single day as gold’s sharp pullback from record highs shook investor confidence.
💲 UBS beat Q4 profit estimates with $1.2B in net income and announced a $3B share buyback for 2026, signaling potential upside while reaffirming an 18% CET1 return target for 2028.
#MarketNews
📆 CALENDAR FOR TODAY - 04.02.2026
🇺🇸 ADP Non-Farm Employment Change – 16:15 GMT+3
🇺🇸 ISM Services PMI – 18:00 GMT+3
💰 A Bitcoin-led selloff has erased $467.6B from the crypto market in under a week, with Bitcoin sliding to its lowest level since November 2024 amid a broad risk-off move.
🇺🇸 Thomas Barkin said last year’s Fed rate cuts helped support jobs and that policymakers are now focused on the “last mile” of bringing inflation back to the Federal Reserve System’s target.
🥇 China’s four largest gold ETFs saw record outflows of ~6.8B yuan ($980M) in a single day as gold’s sharp pullback from record highs shook investor confidence.
💲 UBS beat Q4 profit estimates with $1.2B in net income and announced a $3B share buyback for 2026, signaling potential upside while reaffirming an 18% CET1 return target for 2028.
#MarketNews
📆 CALENDAR FOR TODAY - 04.02.2026
🇺🇸 ADP Non-Farm Employment Change – 16:15 GMT+3
🇺🇸 ISM Services PMI – 18:00 GMT+3