Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- United Kingdom: Nationwide house price report will be released at 7:00 GMT.
- Spain: December retail sales report will be released at 8:00 GMT.
- Italy: Producer price inflation report will be released at 10:00 GMT.
- United States: Personal income, spending, and PCE inflation report will be released at 13:30 GMT, followed by Dallas Fed manufacturing survey report at 15:30 GMT.
- New Zealand: December trade balance report will be released at 21:45 GMT.
- Japan: Unemployment and household spending reports will be released at 23:30 GMT, followed by retail sales report at 23:50 GMT.
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Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation
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