Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
It’s Monday and as usual, not many economic dockets scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI for October came at 51.7, a rise from 50.4 prior.
Upcoming:
- Japan: Leading economic index and co-incident index will be published at 5:00 GMT.
- France: Markit manufacturing and services PMI will be reported at 7:00 GMT.
- Germany: Markit manufacturing and services PMI will be reported at 7:30 GMT. Bundesbank will release its monthly report at 10:00 GMT.
- Italy: Trade balance report for September will be published at 8:00 GMT.
- Eurozone: Markit manufacturing and services PMI will be reported at 8:00 GMT.
- United Kingdom: CBI industrial trade survey report will be published at 10:00 GMT.
- Canada: Wholesale sales report for August will be published at 12:30 GMT.
- United States: Fed’s Tarullo is scheduled to speak at 13:05 GMT, along with William Dudley. Fed’s Evans is scheduled to speak at 17:30 GMT, followed by Jerome Powell at 18:00 GMT.
- Switzerland: SNB chairman Jordon is scheduled to speak at 15:15 GMT.
