IMF Forecasts Global Inflation Decline as Growth Remains Resilient 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
China Home Prices Rise in January as Government Signals Stronger Support for Property Market 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
China Manufacturing PMI Slips Into Contraction in January as Weak Demand Pressures Economy 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns 
The U.S. dollar remained resilient on Tuesday, supported by upbeat economic data and shifting expectations around Federal Reserve policy, even as concerns lingered over the possibility of another U.S. government shutdown. Positive signals from the U.S. economy and easing geopolitical tensions helped underpin the greenback, keeping investors focused on growth and interest rate outlooks rather than political risks.
The dollar index, which tracks the greenback against a basket of major currencies, hovered near 97.50 after two consecutive days of gains. The recent strength in the dollar followed stronger-than-expected U.S. manufacturing data from the Institute for Supply Management, which showed activity returning to growth territory. Although a key U.S. jobs report faces potential delays due to political gridlock in Washington, market sentiment toward the dollar remained broadly constructive.
Expectations surrounding U.S. monetary policy have also played a significant role. The dollar has trended higher since President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair. Analysts believe Warsh is less inclined to push for aggressive interest rate cuts compared with other potential candidates, reinforcing the view that U.S. rates may stay higher for longer, a factor that typically supports the dollar.
Geopolitical developments added to the supportive backdrop. The United States announced a new trade deal with India, easing trade tensions and reducing uncertainty. At the same time, nuclear talks between the U.S. and Iran are set to resume, helping calm markets concerned about escalating conflict in the Middle East.
In currency markets, the Australian dollar climbed ahead of an expected interest rate hike by the Reserve Bank of Australia, rising to around $0.6965. The New Zealand dollar and British pound also edged higher. Meanwhile, the Japanese yen remained weak amid political uncertainty and expectations of more expansionary fiscal policy ahead of Japan’s upcoming election.
In digital assets, cryptocurrency prices were mixed, with bitcoin trading near $78,840 and ether slightly higher, reflecting steady risk appetite across global markets.
