RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
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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