US CES Total Net Birth-Death Forecast (Jan): -61k (prev. -67k)

The latest Birth-Death model adjustment shows a reduction in total net birth-death forecasts from January, moving from -67k to -61k.

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BMW (BMW GY) is recalling vehicles from several models globally, Bild reports citing KFZ; 575k vehicles worldwide are affected.

[MARKET UPDATE] USD/JPY sharply moves lower from 154.35 to 152.99 in a sharp move post the NFP rise, despite a lack of headlines; Note Japanese markets were closed overnight amid a domestic holiday

US CES Total Net Birth-Death Forecast (Jan): -61k (prev. -67k)

UK government is reportedly considering a new Help to Buy scheme for first-time buyers, The Telegraph reports

German Foreign Minister says Central Asia needs to do more to follow the EU's sanction against Russia

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This smaller negative number may indicate a slight improvement in labor market dynamics, but overall, the consistently negative updates suggest ongoing challenges in employment levels which could influence economic sentiment and policy outlook going forward.

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