Asia Pacific markets may stay under pressure this week if US Dollar strength proves resilient. That appears likely as economists and traders continue to move up the timeline on monetary policy tightening. The Federal Reserve’s rate decision due out Wednesday is the main event risk for global markets in the week ahead. US Inflation figures (the Consumer Price Index, or CPI) came in hotter than expected last week. The US Dollar rose nearly half a percent, as tracked by the DXY index. That is despite some cooling off in Treasury yields after the bond market faded the initial reaction to the CPI report. Markets appear to ... (full story)