After a heavy sell-off in commodity markets, most markets are steadier in early morning trading today, while precious metals are recouping some of their recent losses

In this video, Ira Epstein discusses the current state of the financial markets on February 2nd, 2026, noting a recovery in the stock market and stability in energy, bonds, and notes.

Bullish momentum holds as indices rotate off hourly lows. With JOLTS and jobs data delayed by a government shutdown, focus shifts to a "powder keg" of earnings from AMD, Alphabet, Amazon, and Uber. Tuesday's bias remains with the buyers.

The Australian Dollar gains ground against the US Dollar on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia due later in the day.

The current Tobin’s Q ratio is at an all time high of 1.926.