Morning Note | February 1, 2022

Good Morning!

Futures are flat to slightly lower on the first day of Feb. and after a two-day rally. Yields are slightly lower with PMI/ISM data coming out. Commodities higher even as energy sells off with base metals outperforming; USD off almost 1% this week. At the index-level GOOGL earnings are the most important today. Watch XOM as increased oil pro…