South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Gold Prices Hold Steady as Investors Monitor U.S.-Iran Tensions and Trump-Xi Summit 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity prices declined 0.1 percent in January.
- Japan: Markit services PMI for January came at 51.9 in January.
- China: Caixin manufacturing PMI declined to 51 in January.
Upcoming:
- Spain: Markit services PMI for January will be released at 8:15 GMT.
- Italy: Markit services PMI for January will be released at 8:45 GMT. Flash consumer price inflation for January will be released at 10:00 GMT.
- France: Markit services PMI will be released at 8:50 GMT.
- Germany: Markit services PMI report will be released at 8:55 GMT.
- Eurozone: Services PMI report will be released at 9:00 GMT. Retail sales for December will released at 10:00 GMT.
- United Kingdom: Markit services PMI report will be published at 9:30 GMT.
- United States: NFP report will be released at 13:30 GMT, followed by Markit services PMI at 14:45 GMT, and ISM non-manufacturing PMI and Factory orders at 15:00 GMT.
- Canada: IVEY PMI report will be published at 15:00 GMT.
