Macro Briefing: 3 February 2021

* Senate Dems may pass Biden’s relief package without GOP support
* Today’s ADP estimate of US payrolls for Jan expected to post slight gain
* Jeff Bezos will step down as Amazon CEO
* Eurozone consumer inflation rebounded much more than expected in January
* Europe’s economy continued to contract in January amid weak services sector
* China’s services sector growth slowed in January amid coronavirus resurgence
* US crude oil (West Texas Intermediate) rises to nearly $55 a barrel, a 1-year high: