The Pound Sterling advances versus the Japanese Yen, in the aftermath of comments that the Japanese PM Takaichi expressed her concerns about additional rate hikes to Bank of Japan Governor Kazuo Ueda, as the central bank seems poised to resume its normalization of monetary policy.
Australia will release its key set of inflation figures for the month of January on Wednesday, with the Consumer Price Index (CPI) expected to rise by 3.7%, slightly lower than the 3.8% in the last month of 2025.
ING’s Chris Turner highlights that Asian equities, especially semiconductor-heavy indices in Korea and Taiwan, are outperforming as investors focus on AI winners.
BNP Paribas highlights that China has placed artificial intelligence at the core of its development and security strategy, aiming to extend its technological dominance.
The US Dollar (USD) is on a green note on Tuesday after recovering from Monday’s decline as investors digested the United States (US) Supreme Court ruling against President Donald Trump's tariffs and the new round of levies he announced last weekend.