BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- New Zealand: RBNZ inflation expectations rose to 2.1 percent in the fourth quarter of 2017.
Upcoming:
- Germany: Consumer price inflation report will be released at 7:00 GMT, along with fourth quarter flash GDP numbers. Bundesbank President Weidmann is scheduled to speak at 8:00 GMT.
- Switzerland: SNB board member Zurbrugg is scheduled to speak at 8:50 GMT.
- Italy: Fourth quarter flash GDP report will be released at 9:00 GMT.
- Portugal: Fourth quarter flash GDP report will be released at 11:00 GMT.
- Eurozone: Fourth quarter flash GDP report will be released at 10:00 GMT, along with December industrial production report.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Retail sales report will be released at 13:30 GMT, along with CPI inflation report. EIA will release weekly crude oil inventory report at 15:30 GMT.
- Japan: Machinery orders report will be released at 23:50 GMT.
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