Caroline Hepker

The MSCI Asia-Pacific Index is up by 1.1%, so record high.

The dollar is declining this morning, so down by three-tenths of 1% on the Bloomberg Dollar Spot Index.

This ahead of a US jobs report.

Economists predicting 65,000 jobs added to January payrolls.

Gold this morning is steady $5,063.

Bitcoin at $67,000 is down by 1.9%.

I'm Caroline Hepka.

And this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Caroline Hepker.

UK Prime Minister Keir Starmer appears to have won a reprieve from a potential leadership challenge with all members of his cabinet backing him to stay on.

The public endorsement of Starmer comes after a second top advisor resigned and the leader of the Labour Party in Scotland, Anas Sarwar, called for the Prime Minister to go.

However, Sarwar's push for Starmer's removal was met with a wall of support for the Prime Minister as Labour politicians came to his defence.

And perhaps most notably, key potential leadership challenges, including the likes of former Deputy Prime Minister Angela Rayner and Health Secretary Wes Treating, opted to back Starmer.

The near-unanimous public support from Streeting and others gives Starmer more time in the top job, but his record-low polling and upcoming local elections are adding to a growing sense of crisis in Downing Street.

Meanwhile, Barclays has announced a £1 billion share buyback as it reported investment banking revenue ahead of expectations.

The UK-based bank reported investment bank revenue of £2.79 billion in the final three months of 2025, boosted by strong performances for both its equities and fixed income franchises.

Barclays CEO C.S.

Venkatakrishnan says the bank is firing on all cylinders.

Venkata Krishnan also talked up AI in the interview with Bloomberg TV, saying that the bank plans to use the new tech to personalise services.