Market Brief – 2 Feb 2026

In today’s Market Brief – After Hours, global markets kick off the new month with a sharp split as US equities surge on stronger-than-expected manufacturing data while commodities and crypto come under heavy pressure. We break down a powerful rally in the Dow, S&P 500, and Nasdaq driven by a surprise jump in the ISM Manufacturing PMI back into expansion territory, alongside rising Treasury yields. The episode covers strong gains across European equities, sharp volatility in Asia led by a 5 percent plunge in South Korea’s Kospi, and a steep sell-off in gold, silver, oil, and Bitcoin. We also analyse key FX moves in EUR/USD, GBP/USD, USD/JPY, and USD/CHF, plus major stock movers including Disney, Tesla, Nvidia, and crypto-linked equities as investors rotate between risk assets. Hosted on Acast. See acast.com/privacy for more information.