Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Urban studies: Doing research when every city is different 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Stock Futures Dip as Investors Await Key Payrolls Data 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
2025 Market Outlook: Key January Events to Watch 
USDKRW: BoK (bank of Korea) has hiked 25bps in its interest rate as anticipated in November with the hike characterized as a one-off dovish hike by markets. 3Q GDP and Sep industrial production readings came in lower than expected. Nov CPI prints also in-line to softer. KTB and NDIRS yields continue deflating.
USDSGD: MAS steepens the NEER’s slope again in October. With the NEER remains near its upper boundary, expect declines in the pair to track downside in the broad USD, and not as a result of explicit SGD strength. 3Q GDP numbers disappoint.
USDINR: The Reserve Bank of India (RBI) held benchmark interest rate unchanged at 6.50% and maintained its “calibrated tightening” stance as expected. All six members voted for a rate pause. Further, RBI revised down the inflation forecast for fiscal year (FY) H2 2019 to 2.7-3.2% from 3.9 -4.5%. Looking ahead, we expect RBI to maintain its policy stance and keep policy rate on hold into H1 2019. Given the upcoming federal election in April-May 2019, it is difficult to see RBI raising rates. Further, the central bank will continue to be data-dependent and monitor inflation closely. On FX, INR held up well against a stronger USD yesterday. The near-term focus for USDINR continues to be on the price of oil.
Currency Strength Index: FxWirePro's hourly USD spot index is inching towards -46 levels (which is bearish), while articulating (at 14:09 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
