UniCredit unveiled an ambitious outlook: net revenues targeted to grow about 5% annually in the coming years, and the bank plans to return up to €50 billion to shareholders via dividends and buybacks by 2030. #UniCredit #FiatNews

Czech labour market: Registered unemployment rose in January to 5.1% from 4.8%, the highest level since February 2017. Seasonal effects were cited, and the increase was also linked to changes in flexi‑employment legislation. #CzechRepublic #Unemployment #FiatNews

Podcast excerpt: Robert Kiml, plant president at Toyota Motor Manufacturing Czech Republic, said in the MakroMixér podcast that electric mobility is currently loss‑making, criticized aspects of the EU Green Deal as excessive, and warned of rising dependency on China and a lack of realism. #EV #Toyota #FiatNews

Pharma/telehealth conflict: Shares of Novo Nordisk surged sharply after an FDA action over the weekend, while Hims & Hers plunged after it announced sales of a pill version of Novo's Wegovy at a significantly lower price. The episode has driven recent volatility in both names. #NovoNordisk #HimsHers #FiatNews

Earnings calendar: After the US close semiconductor maker On Semiconductor reports. Tomorrow's slate includes Coca‑Cola, CVS Health, Spotify, Ferrari and Lyft among many others—investors should watch these for sector cues and guidance updates. #Earnings #FiatNews

FX and commodities: EUR/USD climbed above 1.1900. Precious metals rallied—gold rose roughly 1.5% to trade above $5,000 per ounce, while silver gained about 5% to around $82/oz. The Czech koruna remained largely stable. #FX #Gold #FiatNews

European markets opened mostly higher: Spain's IBEX 35 +1.0% led gains, Germany's DAX +0.9% and the FTSE 100 was marginally lower. In the US, major indexes were in the green by 17:00 CET, with the Nasdaq 100 up about 0.4%. #IBEX #DAX #Nasdaq100 #FiatNews

Global sovereign yields moved only modestly higher after Asian news; US and European yields rose by a few basis points. Separately, China reportedly advised domestic financial institutions to limit or reduce holdings of US Treasuries if exposures are large—no major spillover to US markets noted. #Bonds #China #FiatNews

Japan's ruling Liberal Democratic Party won an unexpectedly large, >two-thirds majority in snap lower‑house elections, strengthening PM Sanae Takaichi's mandate. Japanese stocks jumped nearly 4% on hopes of fiscal measures, while medium/long JGB yields rose ~6 bps and the yen edged stronger. #Japan #FiatNews

In a column by J. Soustružník, the recent software‑sector correction is examined through the lens of valuation rather than headline price moves — a reaction the author describes as "the least logical thing in the world." The core argument: shifts in share prices mean more when put in relation to earnings. Soustružník urges investors to focus on valuation metrics such as the P/E ratio, likening this approach to comparing the price of bread by weight rather than by the loaf. P/E is presented as the price paid for one unit of a company’s earnings, applicable to an individual firm or the whole market. Framing the pullback in software through valuations, he offers several concise valuation notes intended to clarify whether recent declines reflect a genuine re‑pricing of fundamentals or an overreaction driven by price movements alone. #valuation #PEratio #software #markets #FiatNews

On 9 February 2026 China urged domestic banks to curb purchases of US Treasury securities and, in some cases, to sell portions of existing holdings, citing a desire to reduce market risk tied to high concentration in these assets. The guidance was reported as a recommendation rather than a formal mandate. Following the reports, US Treasury yields moved slightly higher, reflecting market reaction to the prospect of reduced Chinese demand. The announcement did not include detailed figures on volumes to be limited or identify specific institutions. Chinese authorities framed the step as a risk-management measure aimed at lowering concentration risk in bank portfolios. Market participants will be watching for further detail on implementation and any follow-up statements that could affect global demand for US government debt. #China #USTreasuries #USYields #FiatNews

Key calendar highlights: 9 Feb CZ unemployment (Jan) consensus 5.0% (prior 4.8%); 10 Feb US retail sales (Dec) cons. +0.4%; 11 Feb China CPI (Jan) cons. +0.4%; 11 Feb US payrolls and wages (Jan) cons. +70k / wages y/y 3.7%; 13 Feb US CPI (Jan) cons. y/y 2.5%; 12 Feb UK GDP 4Q prelim cons. q/q 0.2%. #macroeconomics #CPI #FiatNews

Earnings to watch this week include Spotify, Ferrari, Advance Auto Parts and Nebius, among many US and European names. Other notable reports scheduled: Coca‑Cola, McDonald’s, Cisco, Applied Materials, Airbnb and Moderna. Several results arrive around US CPI and payroll releases, adding focus to profit trends vs. macro momentum. #earnings #FiatNews

A consortium of Advent International, FedEx, A&R Investments and PPF Group launched a €15.6 per-share takeover bid for Polish logistics firm InPost, valuing the company at €7.8bn—about a 53% premium to the three‑month VWAP. Shareholders representing 48% already support the offer. PPF (current 28.75% holder) will sell most of its stake but reinvest to hold 10%; post-transaction stakes would be FedEx 37%, Advent 37%, A&R 16%. Founder Rafał Brzoska will continue to lead InPost, with plans to back expansion in Western Europe and leverage FedEx know-how. #InPost #FiatNews

Novo Nordisk shares jumped about 8% after US regulators forced telehealth firm Hims to withdraw a low-cost oral GLP‑1 copy of Wegovy and referred the case to the Department of Justice for possible legal breaches; Hims' pill was likely ineffective. Novo had warned of a potential 13% sales decline in 2026, but the FDA action signals tougher enforcement against low-cost imitators, reducing price pressure and reinforcing patent protection for established makers. #GLP1 #pharma #FiatNews

Big Tech disclosed large capital expenditure plans—Alphabet and Amazon alone plan nearly $400bn of investment this year. The initial market reaction was negative during earnings season, with hyperscalers trading weak intraday, though markets partially rebounded by Friday. The reporting season has been broadly challenging for Big Tech. #BigTech #capex #Alphabet #Amazon #FiatNews

Key US data this week: January payrolls (consensus +70k), average hourly earnings y/y (consensus 3.7%), and unemployment rate expected at 4.4%. Markets will also get January CPI (consensus y/y 2.5%) and retail sales. Risks: weaker payrolls could undermine confidence in resilience; stronger prints could push back rate-cut timing (markets price cuts from June). #USJobs #CPI #FiatNews

China reportedly urged domestic financial institutions to limit or reduce holdings of US Treasuries if exposure to the US is large. Japan remains the largest foreign holder of US debt and China has fallen to third place after reductions in recent years. US Treasury market reaction so far has been modest. #Treasuries #FiatNews

Japan's ruling Liberal Democratic Party won an unexpected, convincing victory—over two-thirds of the lower house—strengthening Prime Minister Takaičiová's mandate and her tax-cut agenda. Markets reacted with a sharp rise in Japanese equities and higher JGB yields, especially at medium and long maturities; the yen strengthened amid expectations of continued policy tightening. #Japan #markets #FiatNews

Morgan Stanley strategists on 9 February 2026 urged investors to use the recent sell-off in US technology stocks as a buying opportunity, saying the sector’s growth should continue. The firm points to a strong expansion of artificial intelligence that underpins an unusually robust revenue outlook for many tech companies. According to the strategists, the recent decline in valuations therefore presents attractive entry points—especially for companies that are actively deploying AI into their businesses. The note frames the pullback as a tactical opportunity to add exposure to US tech, with AI-driven revenue growth as the primary supporting thesis. #MorganStanley #AI #tech #FiatNews