- A worldwide market index maintained a monthly gain of more than 6% on Tuesday, despite uneven trading in Asia, as investors braced for interest-rate hikes this week from the Federal Reserve and the ECB.
- Hong Kong, mainland China, and Japan equity benchmarks all fluctuated. Futures for US indices rose in the aftermath of a tumultuous day on Wall Street, which saw the Nasdaq 100 suffer its worst day since December 22 as Apple and Microsoft dragged on the market.
- Samsung dropped as much as 3% in Seoul, impacting on South Korea's Kospi index, after profit fell due to sluggish semiconductor demand and weakness in smartphones and memory chips.
- A gauge of dollar strength fell slightly as the greenback rose against all of its G-10 competitors on Monday. The 10-yr Treasury rate was similarly slightly altered, hovering about 3.54%.
- Asian traders are also watching developments involving India's Adani, as well as economic data from China, whose January purchasing managers' surveys exceeded forecasts, indicating a revival in demand that should bolster the country's asset values.
