Global Economy Briefing — February 6, 2026

2026-02-06 - 09:15

The Big Three 1. U.S. labor market is cracking. JOLTS job openings plunged to 6.542M (vs 7.200M expected), initial claims spiked to 231K, and Challenger layoffs exploded +117.8% y/y. The softening is no longer subtle. 2. Central banks delivered as expected. The ECB held at 2.15%, the BoE held at 3.75% (with a dovish 4-5