ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Due to short squeeze in risky assets, the US Dollar could see downside risks against high beta currencies. The risky assets are seen supported by markets expectations that are inclined towards ECB's accommodative monetary policy stance in the short term. Hence, commodity and EM currencies as well as risky assets are likely to find some support, as downward pressure weighs on EUR.
Amid global turmoil, markets do not expect a rate hike in Wednesdays FOMC meet, however, March meet will be closely watched. Fed fund futures suggest chances of 25% hike in the March meeting.
The employment cost index is scheduled for Friday, however, it is considered to be a low frequency indicator as its lags correlation among the set of wage indicators. The market expectations suggest a 0.6% increase q/q for the 4Q (previous 0.6%).
"Regarding the FOMC meeting (Wednesday), we do not expect material changes in the statement and we think it will probably show a cautious stand due to the recent spike in volatility in the financial marketplace." - Barclays
