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A take a look at the day ahead in U.S. and worldwide markets from Mike Dolan Another projection miss from a U.S. megacap combines with care ahead of January's work report to keep a cover on stocks into Friday's open - with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year.

Just like Microsoft and Alphabet over the past couple of weeks, Amazon disappointed Wall Street late Thursday as issue about cloud computing splashed profits and disgaeawiki.info profit projections and sent its stock down 4% over night.

The newest underwhelming outlook from the "Magnificent 7" leading U.S. tech companies control an otherwise positive S&P 500, with concerns about heavy invests on expert system stimulated again by the development of DeepSeek model.

The DeepSeek buzz, by contrast, continues to fire up Chinese stocks. They added another 1%-plus earlier on Friday despite ongoing issues about a mounting Sino-U.S. trade war and Monday's due date for Beijing's retaliatory tariffs.

But the day's macro occasions will likely take precedence, with the release of the January U.S. work report and long-lasting modifications of past task development.

Job growth likely slowed to 170,000 in January from just over quarter of million the previous month, partially restrained by wild fires in California and winter across much of the nation.

Those distortions include a more issue to the readout, which will consist of yearly benchmark modifications, new population weights and updates to the seasonal adjustments.

The week's sweep of other labor market reports, users.atw.hu nevertheless, do indicate some cooling of conditions - with job openings falling, layoffs rising and weekly jobless claims ticking greater.

With the Federal Reserve currently trying to parse the impact of President Donald Trump's brand-new economic policies, payroll distortions just cloud the photo even further.

And wiki.snooze-hotelsoftware.de as Fed authorities insist they can wait and see for a bit, Fed futures remain trained on two more rates of interest cuts this year - resuming about midyear.

The Treasury market is more encouraged though - sustaining the early week's sharp drop in 10-year yields into today's tasks report and seeing the 2-to-10 year yield curve compress to the flattest it's remained in six weeks.

Helping the long end today has actually been assuring signals from the Treasury's quarterly refunding report that a "describing out" of debt auctions to longer maturities is not yet in the works, as many had actually feared.

Treasury Secretary Scott Bessent has also insisted the brand-new federal government's focus would be on getting long-term rates down instead of pressuring the Fed to alleviate prematurely.

Reuters analysis reveals Trump has put hangs on tens of billions of dollars in congressionally-approved spending for tasks across the U.S. that range from Iowa soybean farmers adopting greener practices to a Virginia railway growth.

Bessent likewise doubled down on his view the administration wishes to retain a "strong dollar" policy. But he colored that with a sideswipe. "What we don ´ t desire is other countries to deteriorate their currencies, to control their trade."

But with the Fed on hold, main banks around the globe continued relieving rates of interest apace today - partly on issues a trade tariff war will damage their economies.

With a sharp cut in its UK development forecast, the Bank of England cut its policy rate by a quarter point on Thursday - with 2 of its policymakers voting for a larger half point decrease. Sterling deteriorated at first, but has steadied considering that.

Mexico's main bank likewise cut its interest rate by 50 basis points on Thursday - stating it could cut by a similar magnitude in the future as inflation cools and after the economy contracted slightly late last year.

The European Reserve bank, meantime, is expected to launch its updated price quote of what it sees as a "neutral" interest rate later Friday.

That is necessary as it notifies the ECB argument about whether it needs to cut rates listed below what considers neutral to revive the flagging euro zone economy. It's currently seen around 2% - 75bps below the standing policy rate.

In thrall to the payrolls release, the dollar index was consistent on Friday. Dollar/yen briefly notched a new low for the year, however, as Bank of Japan tightening up speculation simmers.

In Europe, stocks stalled near record highs as the heavy profits season there unfolded.

Banks there have a been a standout winner this week and again on Friday. Danske Bank, Denmark's biggest lending institution, setiathome.berkeley.edu was up 7.1% after it posted record annual profits and release a new share buyback programme.

Key advancements that need to offer more direction to U.S. markets later on Friday: * U.S. January work report, University of Michigan February consumer study, December consumer credit; Canada Jan employment report; Mexico Jan inflation * European Central Bank updates its estimate of "R *" neutral rates of interest * Federal Reserve Board Governors Michelle Bowman and Adriana Kugler speak; Bank of England Chief Economist Huw Pill speaks * U.S. corporate revenues: Cboe Global Markets, Fortive, Kimco Realty * Japan Prime Minister Shigeru Ishiba check outs United States

(By Mike Dolan, editing by XXXX mike.dolan@thomsonreuters.com)