On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9695 compared to the previous day's fix of 6.9678 and 6.710 Reuters estimate.

US President Donald Trump said over the weekend that the United States (US) will "hopefully" make a deal with Iran after Supreme Leader Ayatollah Ali Khamenei warned of a regional conflict if Washington attacked.

Australia ANZ Job Advertisements increased to 4.4% in January from previous -0.5%

South Korea S&P Global Manufacturing PMI climbed from previous 50.1 to 51.2 in January

Japan Jibun Bank Manufacturing PMI meets expectations (51.5) in January

Australia TD-MI Inflation Gauge (YoY) increased to 3.6% in January from previous 3.5%

Australia TD-MI Inflation Gauge (MoM) dipped from previous 1% to 0.2% in January

China’s President Xi Jinping said in an article published on Saturday in Qiushi that he has renewed calls for the Chinese Yuan to build a “strong currency” that can become widely used in international trade, investment and foreign exchange markets and reach the status of a global reserve.

Australia S&P Global Manufacturing PMI fell from previous 52.4 to 52.3 in January

I’m convinced that Nutella is the second most important invention after the wheel. So yes, I’m an unapologetic hazelnut fan.

China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January

China NBS Manufacturing PMI came in at 49.3, below expectations (50) in January

Japan CFTC JPY NC Net Positions rose from previous ¥-44.8K to ¥-33.9K

United States CFTC Gold NC Net Positions dipped from previous $244.8K to $205.4K

United States CFTC Oil NC Net Positions increased to 97K from previous 78.8K

United Kingdom CFTC GBP NC Net Positions climbed from previous £-22K to £-16.2K

United States CFTC S&P 500 NC Net Positions dipped from previous $-81.8K to $-99.8K

Australia CFTC AUD NC Net Positions: $7.1K vs $-14K

Eurozone CFTC EUR NC Net Positions climbed from previous €111.7K to €132.1K

DBS Bank's Group Research discusses the upcoming Reserve Bank of India (RBI) monetary policy committee meeting scheduled for February 6, 2026.

Korea's industrial production growth rebounded in December, indicating robust export growth. President Lee has signaled a potential supplementary budget to support various sectors, which could pose upside risks to Korea's growth.

DBS Bank's Group Research expects Taiwan's central bank to maintain its policy rate at 2.00% throughout 2026. The report highlights that inflation is projected to remain below the central bank's comfort zone, with subdued price pressures reflecting stable economic conditions.

The Indonesian Rupiah faces challenges amid a deteriorating fiscal picture and rising state-level borrowing. While Bank Indonesia's commitment to FX stability may help slow depreciation, a sustained recovery requires stronger policy clarity.

ABN AMRO's report outlines expectations for January PMIs in China, with a consensus forecast indicating broad stabilization. Both manufacturing PMIs are expected to remain at or just above the neutral 50 mark, while the services PMI is anticipated to decrease but remain in expansion territory.

Federal Reserve (Fed) governor Stepher Miran said that he is really excited to see the good work he believes Warsh will do and that he believes there’s no inflation problem in an interview with CNBC on Friday.

DBS Bank's Group Research projects that the Bank of Korea (BOK) will keep its base rate unchanged at 2.50% throughout 2026. The report indicates that January inflation is expected to ease, reflecting subdued demand-side pressures and stable supply-side conditions.

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation is too high and it needs to come down and that the Fed should be more patient for now in an interview for CNBC.

Federal Reserve (Fed) board of governors member Christopher Waller said that he dissented in favor of a 25bps interest rate cut because monetary policy is still restricting the economic activity too much in a statement released on Friday.

White House advisor Kevin Hassett said that he is not disappointed about being passed over for the Federal Reserve (Fed) Chairman position. He also claimed that legal issues with the Fed should be resolved quickly in an interview for CNBC on Friday.

Rabobank analysts expects the ECB to maintain the deposit rate at 2.00% through 2026, with two rate hikes anticipated in March and June 2027.