Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
The Federal Reserve will wrap up their January meeting this afternoon, releasing a statement at 2 p.m. Despite the fact that the FOMC is widely expected not to increase rates at this time, there are still a number of key factors to look out for.
The first being U.S. growth going into 2016, fourth quarter GDP grew at about 0.8 percent while recent retail sales and manufacturing data contracted. In focus is the Fed's description of U.S. growth and whether it is downgraded.
"Another significant factor at hand is the negative aspects associated with continuing declines in oil which have spread to nearly every facet of the economy including inflation. As part of the Fed's dual mandate, Fed is expected to issue statement on the inflation outlook and implication of falling oil prices. Meanwhile, bellwether companies in technology and industrials lowered earnings outlook in the latest earnings releases for Q4 2015, sending markets lower", notes Voya Global Perspectives.
