- Singapore MAS survey: 2026 GDP seen at 3.6%, April tightening odds rise
- China Two Classes 2026: progress goal, fiscal stance and fifteenth plan alerts in focus
- Toyota plans $19bn share unwind in landmark governance reform transfer – Reuters
- Recap – BOJ hawk Takata flags inflation overshoot threat, yen strengthened on hike alerts
- Financial institution of Korea dot plot factors to extended 2.50% maintain as chip exports assist progress
- BoJ’s Takata says Japan is close to 2% goal, backs additional gradual charge hikes
- Australia This autumn capex beats expectations as renewable funding lifts outlook
- PBOC units USD/ CNY central charge at 6.9228 (vs. estimate at 6.8605)
- Financial institution of Korea holds charges at 2.50%, introduces Fed-style dot plot steering
- PBOC is anticipated to set the USD/CNY reference charge at 6.8605 – Reuters estimate
- Nvidia’s Huang says markets misjudge AI risk as income and steering smash forecasts
- NZ enterprise confidence eases however inflation pressures construct – ANZ survey
- BOJ’s Ueda flags March, April hike likelihood, says wage positive factors might hasten 2% goal
- Rubio says Iran pursuing ICBMs, missile difficulty a “large drawback” earlier than talks
- IMF’s Georgieva says tariffs lifted US items inflation, backs Fed charge at 3.25%–3.5%
- IMF sees US progress at 2.4% in 2026, urges deficit cuts as debt heads to 140% GDP
- BOJ’s Ueda says charges will rise if outlook strengthens, inflation to re-accelerate
- investingLive Americas FX information wrap 25 Feb: The USD strikes decrease forward of Nvidia earnings
- Nvidia This autumn crushes, Q1 information tops Avenue as AI engine roars
- Main US indices shut increased for the 2nd consecutive day
- Financial institution of Japan Governor Ueda says will study the impression of charge hikes to date
US Vice President JD Vance mentioned proof has been discovered that Iran is making an attempt to renew the event of nuclear weapons, elevating the geopolitical temperature forward of renewed talks. Secretary of State Marco Rubio, talking earlier than discussions in Geneva, mentioned he wouldn’t characterise the assembly as something greater than the most recent in an ongoing sequence of conversations. He added that negotiations will finally want to increase past Iran’s nuclear program to incorporate its ballistic missile capabilities, reinforcing Washington’s broader considerations.
Regardless of the rhetoric, oil costs remained rangebound as merchants balanced the resumption of US–Iran talks with a considerable construct in US crude stockpiles. Gold additionally traded in tight ranges, suggesting markets aren’t but pricing in a right away escalation threat.
In FX, the yen led positive factors amongst G10 currencies. Financial institution of Japan Governor Ueda, in an interview with Yomiuri, reiterated that the Financial institution stays on monitor to tighten additional if the financial outlook strengthens and inflation re-accelerates. These positive factors had been strengthened by remarks from BOJ board member Hajime Takata, broadly thought to be essentially the most hawkish member of the panel, who warned policymakers should give attention to the chance of an inflation overshoot. Takata argued that medium- and long-term inflation expectations are rising and second-round worth results have gotten extra evident.
AUD and NZD had been broadly regular. In New Zealand, the ANZ enterprise survey confirmed companies going through increased prices and an rising share anticipating to elevate wages to draw or retain employees, pointing to persistent underlying inflation pressures.
South Korea’s central financial institution saved its benchmark charge unchanged, citing monetary stability dangers and stable export efficiency. The Financial institution of Korea’s up to date dot plot strengthened a 2.50% maintain bias, with solely a small minority signalling scope for a minimize. The Korean gained strengthened previous 1,420 per greenback to its highest degree since late October 2025, whereas the Taiwan greenback climbed to its strongest since mid-December. China’s offshore yuan additionally firmed to its strongest degree in practically three years.
Financial institution of Korea’s new dot plot!
In equities, Japan’s Nikkei rallied to a recent all-time excessive above 59,000, with the Topix additionally advancing. Chinese language markets had been softer, with the Dangle Seng underperforming amid weak spot in tech, shopper discretionary and insurers, whereas the Shanghai Composite was little modified within the absence of recent catalysts.
US fairness futures traded marginally decrease. They initially discovered assist after Nvidia beat on each income and earnings, however early positive factors had been regularly pared, leaving the inventory flat in after-hours commerce and broader futures off their highs.
