Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
This week is pretty light in terms of data and events, but there are certain economic data and events scheduled that can trigger high volatility.
What to watch for over the coming days:
- Central banks:
Several Federal Reserve speakers are lined up to share their views this week. Fed’s Robert Kaplan is scheduled to speak on Monday, Williams and Bullard are scheduled to speak on Tuesday, Brainard is scheduled to speak on Wednesday, and on Friday, Evans, Lacker, Powell, Yellen, and Fischer are scheduled to speak. Bank of Canada (BoC) will announce interest rate decision on Wednesday.
- US data:
GDP price index and PCE price index on Tuesday. Personal income and spending numbers on Wednesday. ISM manufacturing PMI on Wednesday and non-manufacturing PMI on Thursday.
- China data:
PMI reports on Wednesday.
- Trump:
US President Donald Trump is scheduled for his first speech to the US congress. Investors would be looking for more details on his economic plans going ahead.
