Economic data from China, central bank meetings in Indonesia and South Korea and latest inflation numbers from India: there’s a lot going on in Asia this week.
In addition to that, there’s focus on the U.S. where data on Friday showed 113,000 new jobs were created in January versus market expectations for a gain of 185,000.
That forms the backdrop to a testimony by new Federal Reserve chief Janet Yellen Tuesday. “There will be a lot of interest in Janet Yellen’s first Congressional testimony as Fed Chairman on Tuesday,” said Shane Oliver, head of investment strategy and chief economist at AMP Capital, in a note.
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