BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
 - EconoTimes)
US ISM non-manufacturing index is scheduled to be released on Wednesday and expectations are for the index to have edged slightly lower to 55.1 from a reading of 55.3 in the previous month.
While the ISM manufacturing index is important for market sentiment, it is also likely to gather Fed attention as it accounts for a larger share of the economy. Apart from ISM non-manufacturing on Wednesday, focus shall also be on the January jobs report due Friday.
"We expect ISM manufacturing has hit the bottom and that the index will rebound slightly in the coming months. However, the index will probably stay weak as the manufacturing sector still suffers from a combination of the very strong USD, the slowdown in manufacturing globally (China) and the lower activity in the US energy sector." notes Danske Bank in a research note to clients.
