Daily Market Insight

• Fed's Bowman keeping open mind on possible half percentage point rate hike in March • Baltics call for swift EU sanctions on Russia after it recognizes Ukrainian breakaway republics • German economy likely to shrink again in Q1: Bundesbank • Dollar Up as Russia-Ukraine Tension Escalates

• What global banks forecast for Fed rate hikes in 2022 • After defending its yield target, what's next for the BOJ • China's new home prices perk up as demand in big cities rises • Currency markets nervously eye Ukraine headlines, take heart from possible summit

• Morgan Stanley expects Fed to hike rates 6 times in 2022 • Fed's Mester: Rates should rise faster than after Great Recession • Euro zone may have turned page on low inflation, ECB's Lane says • Dollar Up, Yen Bid as Ukraine Tension Concerns Remain

• Fed Members Back Faster Rate Hikes, 'Significant' Balance Sheet Reduction: Minutes • BOJ's Kuroda says no plan to change long-term yield cap - for now • IMF sees inflation as 'significant risk,' but eyes gradual moderation in rising prices • Dollar falls as investors see Fed minutes as less hawkish than feared

• U.S. short-term rate futures pare back odds of Fed inter-meeting move • ECB's Lagarde repeats pledge for gradual policy shift • China central bank injects $47.2 billion via medium-term loans, rate unchanged -statement • Ukraine tensions, Fed hike talk drag on euro

• Fed's Barkin: 'I'd have to be convinced' of need for half-point rate hike • S.Korea says central bank may buy more govt bonds to calm bond markets • Australia's central bank sees risks in hiking rates too early • Rate hike bets keep U.S. dollar bid

• Fed's Mester says case for half-percentage-point rate hike in March not compelling • UK housing market heats up in January despite cost pressures – RICS • ECB may need to raise rates in 2022, new Bundesbank chief says • Dollar ticks down, euro up ahead of U.S. CPI report

• U.S. December trade data reveals massive shortfall in China's 'Phase 1' purchases • Fed's Daly says U.S. inflation could get worse before it gets better • European, U.S. regulators tell banks to prepare for Russian cyberattack threat • Dollar, euro trade sideways after ECB pushback

• U.S. rate hikes could hit highly dollarized emerging market banks - Moody's • Euro zone inflation could subside before becoming entrenched: Lagarde • UK consumers slowed their spending as COVID rules returned in January • Euro bounce pauses ahead of U.S. inflation

• ECB's Knot sees first interest rate hike in fourth quarter of 2022 • Thailand central bank awaits tourism revival, to hold rates for another year: Reuters poll • China could take further measures to rein in yuan- former regulator • Euro near three-week top, but looming Fed tightening could help dollar