ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Japan: BoJ kept monetary policy unchanged. Kuroda will hold the press conference at 6:30 GMT.
- Switzerland: World economic forum at Davos begins today.
Upcoming:
- United Kingdom: December public sector net borrowing report will be released at 9:30 GMT. CBI industrial survey report will be released at 11:00 GMT.
- Germany: Zew survey report will be released at 10:00 GMT.
- Eurozone: Zew survey economic report will be released at 10:00 GMT. January consumer confidence report will be released at 15:00 GMT.
- United States: Richmond Fed manufacturing report will be released at 15:00 GMT.
- Japan: December trade balance report will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month bills at 16:30 GMT, and 2-year note at 18:00 GMT. Spain will auction 3-month and 9-month bonds today.
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