The United States Supreme Court has designated February 20, 24, and 25 as potential decision release dates, and financial markets are awaiting this institution’s ruling on the tariff case. This case could define the scope of Donald Trump’s trade authority and influence the direction of US trade policy. Analysts say any limitation on tariffs could reduce trade uncertainty and even strengthen expectations for interest rate cuts.

The cryptocurrency market stabilized somewhat in Asian trading after an overnight decline in the United States; a warning from Standard Chartered about the possibility of further Bitcoin weakness was cited as a recent source of pressure. The bank lowered its end of 2026 Bitcoin price forecast from 150000 dollars to 100000 dollars and warned that a drop toward the 50000 dollar range is also possible. Meanwhile, weak results from Coinbase Global Inc., which reported a quarterly loss of 667 million dollars and declining revenue, reflected the impact of lower token prices on trading activity. Analysts say that ETF outflows, weaker macroeconomic conditions, and correlation with declines in other risk assets continue to preserve downside risk in the crypto market.

Donald Trump announced that the United States will soon deploy the aircraft carrier USS Gerald R. Ford to the Middle East to increase pressure on Iran. This move comes alongside ongoing indirect nuclear negotiations, and Trump said he is hopeful about the success of the talks, but warned that failure to reach an agreement would bring serious consequences for Iran. The increased US military presence in the region has raised concerns about escalating geopolitical tensions.

This week, in addition to US GDP and PCE reports, inflation and employment data from the United Kingdom, the New Zealand central bank meeting, and Canadian inflation data will be released. The Bank of England is watching inflation and labor market data to determine the path of monetary policy. This week’s inflation report is considered the most important data ahead of the March meeting, and January inflation is expected to remain around 3%, still above the central bank’s 2% target. In Canada, inflation, currently around 2.4%, likely increased slightly in January, but price pressures are still assessed as mild and are expected to remain close to the 2% target.