Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index declined 1.7 percent y/y in January.
- Japan: Nikkei manufacturing PMI declined marginally to 52.7 in January.
- China: NBS manufacturing PMI marginally declined to 51.3 in January and non-manufacturing came at 54.6
Upcoming:
- United Kingdom: Nationwide housing prices for January will be reported at 7:00 GMT.
- Japan: BoJ governor Kuroda is scheduled to speak at 7:15 GMT.
- Spain: Markit manufacturing PMI will be reported at 8:15 GMT.
- Switzerland: SVME PMI report will be published at 8:30 GMT.
- Italy: Markit manufacturing PMI report for January will be published at 8:45 GMT.
- France: Markit manufacturing PMI report will be published at 8:50 GMT.
- Germany: Markit manufacturing PMI report will be published at 8:50 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. Markit manufacturing PMI report for January will be published at 9:00 GMT. European commission released economic growth forecast report at 10:00 GMT.
- United Kingdom: Markit manufacturing PMI report will be published at 9:30 GMT.
- United States: MBA mortgage applications number will be reported at 12:00 GMT. ADP employment report will be published at 13:15 GMT, followed by Markit manufacturing PMI at 14:45 GMT and ISM manufacturing PMI at 15:00 GMT. EIA will release crude oil inventory report at 15:30 GMT. FOMC will announce interest rate decision at 19:00 GMT.


China Set to Hold Benchmark Lending Rates Steady for 15th Month
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape
Gold Holds Near Two-Month High as Treasury Yields Fall
Japan Trade Deficit Widens as Imports Surge on Energy and AI Demand
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure
US Treasury Doubles Long-Term Bond Buybacks as Yields Surge
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions
Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 



