Key Events This Week

February 20 (Thursday): The US Fed maintained a steady policy rate, citing solid economic expansion and stable unemployment. FOMC meeting minutes will be released. February 21 (Friday): India’s January PMI data showed manufacturing at 57.7, the fastest growth since July, driven by strong exports. Services PMI dipped to 56.5 but marked 42 months of continuous expansion. A PMI score above 50 marks expansion and below it denotes contraction.