Daily Market Insight

• Fed should raise rates a full percentage point by mid-year -Waller • U.S., EU unlikely to cut Russia off SWIFT for now -Biden • China central bank makes biggest weekly cash injection since Jan 2020 • Euro tries to recover after tumbling on Russian invasion of Ukraine

• Fed's Daly: need more 'urgency' on policy tightening • ECB's de Guindos says asset purchases must end before raising rates • BoE's Bailey sees inflation risk but says markets should not get carried away • Dollar edges up as Ukraine developments dent risk appetite

• Biden puts sanctions on Russian banks and elites as he says Ukraine invasion has begun • Three Fed banks voted to increase discount rate in January • BoE's Ramsden sees further tightening, uncertain outlook • Dollar dips in choppy trade as investors weigh Ukraine scenarios

• 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