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Tuesday preview: Services PMIs, Vodafone in the spotlight
The market spotlight at the start of February will be on a slew of purchasing managers' surveys for manufacturing sector activity from across the globe.
Europe close: Stocks gain at month's end ahead of ECB and BoE rate decisions
Most European equity benchmarks finished the last trading session of January higher as investors eyed key central bank meetings in the euro area and UK this week and continuing geopolitical tensions.
JP Morgan recommends buying dips in stocks, remains overweight emerging markets vs. developed ones
Equity strategists at JP Morgan reiterated their call that investors should 'buy' into the dips in global stocks, pointing to oversold readings on stocks heightened uncertainty and the 'market internals' to back up their case.
Omicron subvariant is 1.5 times more transmissible than original
A new Omicron subvariant known is more transmissible than its forebear which first appeared in South Africa, scientists said at the weekend, although some studies have shown that vaccines are more effective against it.