Bank of Japan (BoJ) Deputy Governor Himino said on Monday that even if headline inflation falls below 2%, the central bank could raise interest rates toward neutral if it judge underlying inflation is accelerating to our price target. 

Netherlands, The Nevi Manufacturing PMI up to 50.8 in February from previous 50.1

Russia S&P Global Manufacturing PMI rose from previous 49.4 to 49.5 in February

Iran’s national security chief, Ali Larijani, said the country will not negotiate with the United States in response to reports that he reached out to Washington via Oman mediators, Bloomberg reported on Monday.

Australia RBA Commodity Index SDR (YoY) rose from previous 2.6% to 3.4% in February

Netherlands, The Retail Sales (YoY) fell from previous 3% to 2.2% in January

Netherlands, The Retail Sales (YoY) down to 2.5% in January from previous 3%

Australia RBA Commodity Index SDR (YoY) climbed from previous 2.6% to 2.7% in February

India HSBC Manufacturing PMI in line with expectations (56.9) in February

Indonesia Core Inflation (YoY) increased to 2.63% in February from previous 2.45%

Indonesia Inflation (MoM) rose from previous -0.15% to 0.68% in February

The Ministry of Defence (MoD) confirmed that the RAF base Akrotiri has been hit by a suspected drone strike amid a fresh conflict in the Middle East that started on Saturday, BBC reported. 

US Treasury bond yields edge higher during the Asian trading hours on Monday. The benchmark 10-year Treasury yield rises by 75 basis points (bps) to 3.98%, while the 30-year Treasury bond yield climbs to 4.657%. Meanwhile, the 2-year Treasury note yield climbed to 3.40%.

Indonesia Trade Balance came in at $0.96B below forecasts ($2.76B) in January

Indonesia Imports registered at 18.21% above expectations (13.23%) in January

Indonesia Exports came in at 3.39%, below expectations (11.07%) in January

Asian stock markets plunge sharply at the start of the week.

Australia TD-MI Inflation Gauge (YoY) unchanged at 3.6% in February

Israeli strikes were launched at Beirut's southern suburbs on Monday as Hezbollah said it fired rockets and drones toward Israel in retaliation for the death of Iranian Supreme Leader Ali Khamenei.

Bank of Japan (BoJ) Deputy Governor Himino said on Monday that the BOJ policy remains somewhat accommodative but should gradually shift to a more neutral stance through moderate policy rate hikes. 

Australia ANZ Job Advertisements dipped from previous 4.4% to 3.2% in February

Ireland AIB Manufacturing PMI rose from previous 52.2 to 53.1 in February

Australia Company Gross Operating Profits (QoQ) above expectations (3.6%) in 4Q: Actual (5.8%)

Japan Jibun Bank Manufacturing PMI above expectations (52.8) in February: Actual (53)

Australia TD-MI Inflation Gauge (MoM): -0.2% (February) vs previous 0.2%

The EUR/USD pair falls to near 1.1770 during the early Asian session on Monday, pressured by a renewed US Dollar (USD) demand. The Greenback gathers strength against the Euro (EUR) as the conflict across the Middle East is heightening traders' anxiety, boosting the safe-haven currencies. 

In a newly released speech in the wee hours of Asia on Monday, US President Donald Trump pledged that combat operations will continue in Iran until America’s objectives are met.

Australia S&P Global Manufacturing PMI down to 51 in February from previous 51.5

Citing a Tehran Times post on X, Reuters reported on Sunday that the Islamic Revolutionary Guard Corps (IRGC) Navy announced via VHF radio that no vessels are permitted to cross the Strait of Hormuz, effectively declaring the critical maritime chokepoint closed.

TradingKey - With U.S. President Trump nominating Kevin Warsh as the next Federal Reserve Chair, the hawkish-dovish composition within the Fed is undergoing a critical shift. If successfully confirmed