RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: CPI inflation up 1.9 percent y/y, so is RBA trimmed mean CPI.
Upcoming:
- Switzerland: March trade balance report will be released at 6:00 GMT.
- France: April business climate report will be released at 6:45 GMT.
- Germany: IFO sentiment reports will be released at 8:00 GMT.
- Italy: Business and consumer confidence reports will be released at 8:00 GMT, followed by trade balance report at 10:00 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT, followed by Industrial trends survey report at 10:00 GMT.
- United States: S&P/Case-Shiller house price report will be released at 13:00 GMT, followed by new home sales report 14:00 GMT. Richmond Fed manufacturing report will be released at 14:00 GMT.
- Japan: Corporate Service price report will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT, 2-year note at 17 GMT.
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