Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
U.S. Public Debt Tops $40 Trillion for First Time 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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Not many economic data and events scheduled for today and all with low to medium risks associated.
Data released so far:
- China: Exports declined by 6.1 percent y/y in December. Imports up by 3.1 percent y/y. Trade balance came at $40.818 billion.
Upcoming:
- Germany: Wholesale price inflation for December will be reported at 7:00 GMT.
- Spain: Consumer inflation number will be released at 8:00 GMT.
- United States: Retail sales report for December will be published at 13:30 GMT, along with producer price inflation and followed by Michigan consumer sentiment report at 15:00 GMT. FOMC member Harker is scheduled to speak at 14:30 GMT.
