Fed members' statements and the signs of buoyant inflation in the ISM Services index have reduced the probability of a Fed rate cut. Global markets are also closely watching the developments in China. This time, China intervened in the decline in stock markets with a sovereign wealth fund. #Fed #Inflation #ISMIndex #RateCut #GlobalMarkets #China #SovereignWealthFund

Later in the day, we will be monitoring the Services Purchasing Managers' Index (PMI) for January and the ISM Non-Manufacturing Purchasing Managers' Index (PMI) for January in the United States. Additionally, there is an anticipated speech from Fed member Bostic. #USPMI #ISMIndex #FedSpeech #EconomicIndicators