Morning Economic Report 2/6/25 (Updated)

The lack of further tariff news, the partial walking back by officials of Trumps Gaza outburst and better risk profile in tech gives Wall St a bid into APAC and European bourses continue in highs. Even though China starts WTO complaint process, it has little effect. Markets mull the increased ADP employment data but decreased ISM Services PMI as balanced and the ensuing FEDspeak gave little lead. Eyes on BoE decision, likely a 25bps cut and US Jobless Claims. DAX +0.85%, CAC -0.41%, FTSE +0.85%, Euro STOXX600 +0.82%. USD sees some relief after 3-day wallow Eur/$ falls back toward 1.03, DXY 108.03. Gold 2859. BTC $98,934.