ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
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
