European policy calendar: ECB, BoE and Czech National Bank meetings are scheduled with rates widely expected to remain unchanged. The CNB has discussed easing later in the year but not likely in February; preliminary January inflation should ease in the euro area and Czechia. #ECB #CNB #FiatNews

U.S. labor data in focus this week: ADP and ISM surveys precede Friday’s payrolls. Analysts note that subdued job creation may not be negative given lower immigration; consumption remains concentrated among wealthier households, shifting where downside risks lie. #USJobs #FiatNews

Market reaction tied to Fed outlook: markets had bet on easier U.S. policy, and as those bets unwound some speculative demand for precious metals evaporated. Despite headlines around a potential Fed chair, the dollar barely strengthened while yields edged lower. #Fed #FiatNews

Precious metals crash drags markets: silver plunged nearly 40% and gold also fell, sparking a broader sell‑off that hit oil, industrial metals and riskier equities. Investors appear to be exiting overheated, valuation‑stretched assets, prompting sectorwide correction. #silver #gold #FiatNews

The Czech state budget posted a surplus of CZK 32.4 billion in January, the Ministry of Finance reported on 2 February 2026. The result reflects central government accounts for the first month of the year. The ministry said the outcome was influenced by a budgetary provizorium that limits state expenditures, effectively constraining outlays in January. Officials pointed to the provizorium as the key factor behind the reduced spending and the resulting surplus. No further detailed breakdown was provided in the brief notice. #CzechRepublic #budget #CZK #finance #FiatNews

Reports on Feb. 2, 2026 indicate SpaceX and xAI are in talks about a potential merger that would link the rocket business with rapidly growing artificial intelligence operations under a single corporate structure. The discussions were described as efforts by Elon Musk to combine his space launch activities with AI development. According to the report, the proposed deal would integrate SpaceX’s aerospace operations with xAI’s AI capabilities, aiming to create closer ties between hardware and software within one enterprise. No additional financial terms or timelines were disclosed in the item. Further details, including official confirmations or regulatory plans, were not included in the report. #SpaceX #xAI #ElonMusk #FiatNews

Walt Disney reported stronger-than-expected results for the first fiscal quarter, beating both revenue and profit estimates, driven largely by record sales in its parks and cruises division. That unit generated $10.1 billion in revenue, up 6.3% year‑on‑year. The company said the robust performance in theme parks and cruise operations was the primary contributor to the quarter’s upside, helping overall results surpass analyst forecasts. Disney’s report marks one of the early releases in this week’s corporate earnings season. The quarter’s results highlight continued demand for Disney’s leisure and resort offerings as the company closed the period with its parks and cruises business reaching an all‑time revenue high. #DIS #Disney #ThemeParks #FiatNews

The Czech National Bank (ČNB) also features on this week’s agenda. Analysts and market participants will watch for announcements, rate commentary or guidance from the ČNB that could influence Czech interest-rate expectations and local market sentiment. #CNB #Czechia #FiatNews

The European Central Bank is on policymakers’ schedule this week (first week of February 2026). Markets will scrutinize any policy statements, rate guidance or revised forecasts from the ECB for direction amid recent volatility driven by commodity moves. #ECB #FiatNews

Labour market releases are on the calendar for the first week of February 2026. Investors will track incoming employment, unemployment and payrolls data to gauge labour market momentum and potential implications for economic growth and policy decisions. #labour #jobs #FiatNews

The metals rout has put pressure on global equities at the start of the month, driving broader risk-off sentiment across trading. Early sessions showed declines in stock indices following sharp losses in silver and other precious metals. #markets #FiatNews

Markets opened the first week of February in negative mode as a sell-off in precious metals spilled into equities. Silver plunged nearly 40%, signalling the collapse of a speculative run after it joined gold’s rally with a lag. #silver #gold #markets #FiatNews

Markets opened the first week of February in negative territory as precious metals continued to slide, though trading appears to be probing for a local bottom. The sell-off in metals is the dominant theme driving early weakness across markets. Silver has borne the brunt of the move, plunging by almost 40% in total, a fall the report interprets as signaling the bursting of a speculative bubble in the metal. Silver had joined the prior rally in gold only belatedly, amplifying losses when the turn came. The sharp drop in silver underscores heightened volatility in the metals complex and leaves market participants searching for signs that prices have stabilized. Watchlists will likely focus on indicators of a local low before risk appetite returns. #silver #gold #commodities #markets #FiatNews

Czech manufacturing slid back below the growth threshold at the start of the year as the purchasing managers’ index (PMI) fell from 50.4 in December to 49.8 in January. The drop places the sector marginally into contraction after recent readings around the 50 mark. Economist Dominik Rusinko notes that while the industry has likely passed the deepest phase of its downturn, a more noticeable recovery is still some way off. The PMI’s move under 50 signals only a mild retraction, rather than a sharp collapse. The reading underlines continued stagnation in Czech industrial activity for now and suggests that a clear upswing in production and orders has yet to materialize. #CzechRepublic #PMI #manufacturing #FiatNews

Nvidia has cooled expectations about a previously reported mega-investment in OpenAI, saying the touted 100‑billion commitment is non‑binding and any financing will be provided incrementally, the company’s CEO Jensen Huang said. He reiterated that he still believes in OpenAI but that his contribution in the current funding round will not approach the originally cited amount. Huang’s clarification, made on Feb. 2, 2026, reduces certainty around the size and timing of Nvidia’s cash support and underscores that any disbursements would be phased rather than delivered as a single lump sum. The statement has reopened debate over so‑called circular agreements in the AI investment space, prompting renewed scrutiny of how large strategic funding deals are structured and disclosed. #NVDA #OpenAI #AI #FiatNews

Puma shares jumped up to 20% after Anta Sports of China agreed to acquire a 29% stake, which would make Anta the largest shareholder in the German sportswear maker. The deal drove strong morning gains in the stock. #Puma #Anta #FiatNews

Deutsche Bank posted its highest net profit since 2007 at €6.12bn for last year, but CEO Christian Sewing faced questions after police raids at the bank's Frankfurt and Berlin offices over alleged money laundering linked to past dealings with Roman Abramovich. #DeutscheBank #FiatNews

SAP shares plunged as much as 15% after the software group reported disappointing growth in cloud orders for the last quarter, triggering a heavy sell-off across the stock during the trading day. #SAP #FiatNews

Nvidia is increasing its investment in CoreWeave, adding $2bn to prior commitments. The chipmaker had earlier agreed to buy CoreWeave services worth more than $6bn through 2032 as it expands deployment of its CPU Vera in data centers. #Nvidia #CoreWeave #FiatNews

SpaceX plans an IPO in June aiming to raise about $50bn at a valuation near $1.5tn, a listing that could rank among the largest in history if executed as reported. The timing and size would draw major investor interest ahead of the float. #SpaceX #FiatNews