Live Updates

3

Feb 2026
After Prime Minister Modi halted Russian oil imports, tariffs on India were reduced to 18%

Trump lowers tariffs on India after Modi ends Russian oil buys; India agrees to major US purchases.

3

Feb 2026
DBS Bank’s research by Philip Wee adjusts MYR predictions due to robust USD performance factors

DBS lowers USD/MYR forecast as Malaysian Ringgit shows strength, trading below 4.00 for first time since 2018.

3

Feb 2026
In January, South Korea’s year-on-year Consumer Price Index growth reached 2%, falling short of forecasts

South Korea’s inflation slows; global markets fluctuate; cryptocurrencies recover; FXStreet urges caution in financial decisions.

3

Feb 2026
Consumer Price Index growth in South Korea met expectations at 0.4% for the month

South Korea’s CPI rose, gold prices climbed, yen held strong, crypto rebounded, and market stability improved.

3

Feb 2026
Ahead of the Bank of England’s decision, the Pound Sterling’s decline decelerated, with GBP/USD at 1.3646

British Pound weakens as traders await BoE decision; inflation, US dollar strength influence currency movements.

3

Feb 2026
Ongoing contraction in China’s manufacturing and services sectors pressures the economic outlook, according to Commerzbank

China’s economy slows as manufacturing and services contract; modest export growth offers slight hope for recovery.

3

Feb 2026
The Euro depreciates against the Dollar, influenced by robust US economic indicators and Fed leadership change

EUR/USD declines below 1.1800 as strong US data boosts the Dollar; further downside may follow.

3

Feb 2026
According to MUFG’s recent analysis, the Indian Rupee is anticipated to struggle until 2026

Indian Rupee likely to weaken until 2026 due to slow fiscal consolidation and rising government borrowing.

3

Feb 2026
A cautiously optimistic economic forecast for Hong Kong appears, spurred by financial services and private consumption

Standard Chartered forecasts steady Hong Kong growth, driven by financial services, consumption recovery, and labour stability.

3

Feb 2026
The Chinese Renminbi is gaining ground against the Dollar, influenced by China’s currency internationalisation efforts

China’s Renminbi strengthens amid internationalisation efforts, challenging Dollar dominance and aiming for reserve currency status.

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