- Australia’s S&P/ASX 200 Index declined by -6.4% with significant sell-offs experienced in Information Technology (-18.4%), Health Care (-12.1%) and Consumer Staples (-9.6%).
- Nonfarm payrolls rose 467,000 in January, well above of expectations of a 150,000 increase.
- Eurozone annual inflation rose to 5.3% amid continuing high energy prices.
- The RBA kept the cash rate on hold at 0.1% and will cease its $4-billion-a-week bond-buying stimulus program in early February.
Read the full Market Update prepared by Lonsec here.