China's Commerce Ministry on Monday urges the United States (US) to lift its unilateral tariffs on trading partners. Officials added that China will firmly defence Chinese interests.

The European Parliament’s trade chief stated that the European Union (EU) will propose freezing the ratification process of the trade deal with the US until they’ve received details from US President Donald Trump’s administration on its trade policy, Bloomberg reported on Sunday.

US President Donald Trump is considering limited airstrikes on Iran, the New York Times reported on Sunday.

US President Donald Trump said that he would increase global tariffs to 15% from 10%, CNBC reported on Saturday. His remarks came one day after the Supreme Court struck down a broad swath of the president’s trade agenda.

New Zealand’s Retail Sales, a measure of the country’s consumer spending, climbed 0.9% QoQ in the fourth quarter (Q4) of 2025 from the previous reading of 1.9%, according to the official data published by Statistics New Zealand on Monday. This figure came in above the market consensus of 0.6%.

New Zealand Retail Sales ex Autos (QoQ): 1.5% (4Q) vs 1.2%

New Zealand Retail Sales (QoQ) above forecasts (0.6%) in 4Q: Actual (0.9%)

TradingKey - Against the backdrop of current intense global market turbulence, escalating geopolitical risks, and a mix of bullish and bearish macroeconomic signals, market risk aversion continues to

DBS Group Research economist Chua Han Teng expects the People’s Bank of China to keep the 1-year Loan Prime Rate at 3.00% on February 24, as January data are still unfolding.

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight an Asia‑centric week dominated by geopolitics, inflation and monetary policy.

UOB Global Economics & Markets Research reports that Malaysia’s inflation remained stable in January, slightly below its own forecast and in line with consensus. Despite solid 4Q25 GDP, price pressures are seen as contained, reducing the urgency for policy changes.

DBS Group Research’s Radhika Rao highlights that Bangko Sentral ng Pilipinas cut its policy rate by 25bps to 4.25%, citing weaker-than-expected recovery, softer confidence and delayed government spending.

MUFG’s Senior Currency Analyst Lloyd Chan notes that Bank Indonesia kept its 2026 growth forecast at 4.9%–5.7% and still expects inflation to stay within its 1.5%–3.5% target. However, upside inflation risks could weigh on the Rupiah if policymakers let the economy run hotter.

United States CFTC Gold NC Net Positions fell from previous $160K to $159.9K

United States CFTC Oil NC Net Positions up to 141.3K from previous 117.8K

Australia CFTC AUD NC Net Positions: $45.9K vs $33.2K

Eurozone CFTC EUR NC Net Positions down to €174.5K from previous €180.3K

Japan CFTC JPY NC Net Positions: ¥13K vs ¥-19.1K

United Kingdom CFTC GBP NC Net Positions declined to £-42.4K from previous £-25.8K

United States CFTC S&P 500 NC Net Positions: $-177.8K vs previous $-105.1K

UOB Global Economics & Markets Research highlights that Thailand’s economy remains a low‑growth, low‑inflation outlier, even as authorities project modest improvement in 2026 and 2027.

United States (US) President Donald Trump said on Friday he is deeply disappointed of certain members of the Supreme Court after it ruled that his sweeping tariffs are illegal. In a press conference in Washington DC, Trump has vowed to impose a 10% "global tariff" using an alternative law.

DBS Group Research economist Chua Han Teng forecasts Singapore core and headline inflation rising to 1.5% year-on-year in January 2026 from 1.2% in December, helped by low base effects and stronger services prices.

Following the US Supreme Court's decision to declare US President Donald Trump's "national security" tariffs unlawful, President Trump gave a press conference to deliver his reaction to the Supreme Court's decision.

ING’s Min Joo Kang expects the Bank of Korea to keep its policy rate at 2.5% next week as inflation remains close to target and financial instability concerns persist.

Lorie Logan, Federal Reserve President of the Bank of Dallas, said that upside inflation risks are still there and that policy is well positioned to deal with the risks to mandate at an event at Columbia University on Friday.

ING economist Min Joo Kang expects a strong rebound in Japanese activity data next week despite a weaker-than-expected fourth-quarter GDP recovery. Industrial production and retail sales are forecast to rise in January, while Tokyo CPI inflation should ease further.

Commerzbank’s Tatha Ghose argues that weak January Polish data strengthen expectations for a 25 bp rate cut at the March MPC meeting.

Federal Reserve (Fed) President of the Bank of Atlanta Raphael Bostic said on Friday that he believes a neutral zone would be a quarter to a half percentage point below the current policy rate.

Nordea’s Helge J. Pedersen notes that Danish GDP grew 2.9% in 2025, with fourth-quarter growth at 0.2%. The pharmaceutical sector’s volatility significantly distorted both quarterly and annual figures, masking underlying trends.