Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Trump, Xi Begin High-Stakes China Summit Focused on Trade, Taiwan and Global Tensions 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance improves to 3.51 billion with exports rising 5 percent and imports by 1 percent. Building permits declined 11.4 percent in December from a year ago.
Upcoming:
- Japan: Consumer confidence report for January will be released at 5:00 GMT.
- Spain: January unemployment change will be reported at 8:00 GMT.
- Switzerland: Real retail sales report will be published at 8:15 GMT.
- Eurozone: Economic bulletin will be published at 9:00 GMT. Producer price inflation for December will be reported at 10:00 GMT. ECB president Draghi is scheduled to speak at 12:15 GMT.
- United Kingdom: Markit construction PMI report will be published at 9:30 GMT. BoE will announce monetary policy at 12:00 GMT.
- United States: Weekly jobless claims report will be published at 13:30 GMT, along with non-farm productivity report and unit labor cost report. TIPP economic optimism report will be published at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Australia: AiG performace of services index will be published at 22:30 GMT.
- Japan: BoJ will release monetary policy minutes at 23:50 GMT.
