Trump is scheduled to address a joint session of the lawmakers on Feb 28.
The bank said it considered the weakness of economic activity and uncertainty about the speed of convergence of inflation to its target.
The MAS core inflation measure has surged to 1.5% y-y from 1.2%, beating market consensus of 1.3% rise.
China and Singapore will hold a series of meetings in Beijing on February 27.
It was estimated the loss was equivalent to roughly 4% of ABB's 2016 net profit of $1.96 billion.
The UK economy expanded only 2% y-y in Q4, less than 2.2% flashed in the preliminary estimate.
Headlines from France and Germany and FOMC minutes will be the markets will be mainly watching for this week.
The y-y Q4 GDP growth rate is revised to 2.9% from 1.8% and that for the full year 2016 to 2% from 1.8%.
The HPSI reading came in at 57.5, up from 55.8 in January, marking its seventh consecutive rise.
The BI is widely expected to keep the benchmark 7-day reverse repo rate at its record low of 4.75%.
The DBS has proposed a final dividend of 30 Singapore cents a share and for a full-year dividend of 60 Singapore cents.
Aussie is now just 33 pips away from a 10-month high and 54 pips near 21-month high.
Taiwanese economy expanded 2.88% from a year earlier in the three months to December.
The US is expected to continue to expand at a moderate pace and waiting too long to raise rates would be unwise, Yellen said on Monday.
Food inflation in New Zealand went up 1.4% year-on-year in January to its highest since March 2015.