A look at the day ahead in markets from Stephen Culp, New York stock market reporter.
Wall Street's downbeat start to an action-packed week has set a bumpy course for Asian markets on Tuesday.
U.S. stocks appeared to take a breather near the end of a month of solid gains, dipping into red as market participants gird their loins for multiple central bank policy decisions and a spate of high profile megacap earnings, with the Labor Department's hotly anticipated January employment report due on Friday.to culminate on Wednesday with a bite-sized 25 basis point hike to the Fed funds target rate.
The Bank of England and the European Central Bank are poised to follow the Fed by hiking crucial interest rates by a more aggressive 50 basis points.
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