U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
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.
