US jobs report, Bank of England meeting, India budget

  • Date: 31-Jan-2021
  • Source: Financial Times
  • Sector:Economy
  • Country:Middle East
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US jobs report, Bank of England meeting, India budget

The monthly US jobs report will add to the picture of what sort of an economy Joe Biden has inherited since he took over as president, while the Bank of England meets with interest rates just slightly higher than negative territory. India sets its budget for the year and the Super Bowl kicks off to a different advertising backdrop. We also have a first take on gross domestic product in the eurozone and earnings reports from tech titans Amazon and Alphabet, key pharma vaccine participants Pfizer and GlaxoSmithKline, as well as Royal Dutch Shell and low-cost carrier Ryanair.

India budget/air show

India's finance minister Nirmala Sitharaman unveils the country's annual budget on Monday.

Things are looking slightly better for India after a dramatic year. The number of coronavirus infections appears to have fallen drastically and the pace of inflation slowed markedly in December, falling within the central bank's target for the first time since the coronavirus pandemic began last year.

New Delhi unveiled a $10bn stimulus package for the pandemic-hit economy in October, but many economists were not impressed and warned that the government was doing too little to revive growth after the shock of its coronavirus lockdown.

This time fiscal policy is expected to