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.

DBS Group Research economist Chua Han Teng highlights a rebased GDP series to be released on February 27, shifting calculations from 2011–12 to 2022–23 and incorporating new surveys and COICOP 2018.

United States New Home Sales (MoM) up to 0.758M in November from previous 0.737M

United States New Home Sales (MoM) above expectations (0.73M) in December: Actual (0.745M)

United States Michigan Consumer Expectations Index in line with expectations (56.6) in February

United States UoM 1-year Consumer Inflation Expectations registered at 3.4%, below expectations (3.5%) in February

United States UoM 5-year Consumer Inflation Expectation came in at 3.3%, below expectations (3.4%) in February

United States Michigan Consumer Sentiment Index came in at 56.6, below expectations (57.3) in February

Business activity in the US private sector expanded at a slightly softer pace in February than in January, with the S&P Global's preliminary Composite Purchasing Managers' Index (PMI) edging lower to 52.3 from 53.