ING expects Chinese inflation dynamics to have limited impact on People’s Bank of China policy in 2026. Lynn Song argues that CPI will again undershoot an expected 2% target, but this shortfall should not constrain monetary decisions.
Cleveland Fed President Beth Hammack is crossing the wires. She said that the Unemployment Rate is stabilizing, following the release of the strong January Nonfarm Payrolls report in the US.
UOB Global Economics & Markets Research economists Julia Goh and Loke Siew Ting highlight that Malaysia’s labour market strengthened further in 4Q25, with unemployment falling to 2.9% and participation steady at 70.9%.
Standard Chartered economists Hunter Chan, Shuang Ding and Carol Liao note that China’s broad fiscal deficit reached 8.1% of GDP in 2025, below target but still expansionary.
UOB Global Economics & Markets Research reports that Singapore’s 4Q25 GDP was revised significantly higher, driven by stronger manufacturing, services and construction. This lifted full‑year 2025 growth and prompted the authorities to raise the official 2026 forecast range.
A Wall Street Journal article revealed that the Pentagon is preparing a second aircraft carrier to deploy to the Middle East.
MUFG’s Senior Currency Analyst Lloyd Chan notes Indonesia enters 2026 with solid growth momentum but rising fiscal and policy risks.
US Treasury yields rise across the curve with the US 10-year Treasury note rising nearly one and a half basis points at 4.155% following the release of a strong jobs report in the US, which trimmed investors’ expectations of further easing by the Federal Reserve.
BNY’s Head of Markets Macro Strategy Bob Savage highlights that Latin American assets have seen strong, broad-based inflows across equities, bonds and FX, leaving positioning elevated versus other Emerging Markets.
Federal Reserve (Fed) Bank of Kansas City President, Jeffrey Schmid, said it is appropriate to maintain a restrictive monetary policy as inflation approaches 3%.
ING’s Francesco Pesole expects the Riksbank to keep rates on hold through 2026 despite inflation falling temporarily to around 1%.
TD Securities expects the Bank of Canada’s Summary of Deliberations to deliver a more nuanced message than January’s cautious statement.
Nomura expects Euro area GDP growth to accelerate in 2026–2027 to around 1.7–1.8% year-on-year, above estimated potential of roughly 1.1–1.2%.
Deutsche Bank’s Marc Schattenberg analyzes Germany’s 2026 wage round, covering around 10 million employees across public services, retail, wholesale, chemicals and metalworking.
Commerzbank’s Antje Praefcke notes that stronger January inflation in Norway, with headline at 3.6% and core at 3.4% year-on-year, confirms that interest rate cuts by Norges Bank are off the table for now.
TD Securities expects UK GDP to rise 0.1% m/m in December, driven mainly by manufacturing, with services flat. This would leave Q4 2025 GDP at 0.2% q/q, matching consensus and MPR projections, and only modest services growth.
BNY’s Geoff Yu highlights that US equity markets have stabilized despite recent volatility, with the Tech sector still leading allocations.