ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Trump and Xi Temple of Heaven Visit Highlights Trade and Diplomacy Goals 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Trump Pushes China Market Access During High-Stakes Xi Summit 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for January came at $1.3 billion. Building permits increased 1.8 percent in January, down 12 percent from a year ago.
Upcoming:
- Switzerland: Fourth quarter GDP report will be released at 6:45 GMT, followed by real retail sales report for January at 8:15 GMT.
- Germany: Import price details for January will be reported at 7:00 GMT.
- Spain: Fourth quarter GDP numbers will be updated at 8:00 GMT, along with Unemployment change report.
- Italy: Unemployment report for January will be published at 9:00 GMT, followed by wage inflation report at 10:00 GMT.
- Eurozone: Unemployment report for January will be released at 10:00 GMT, along with consumer price inflation and producer price inflation.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by initial jobless claims report at 13:30 GMT and ISM New York at 14:45 GMT. EIA will release natural gas inventory report at 15:30 GMT.
- Canada: Fourth quarter GDP report will be updated at 13:30 GMT.
- Australia: AiG performance of services report will be published at 22:30 GMT.
- Japan: National inflation report will be published at 23:30 GMT, along with Tokyo inflation report, household spending report and unemployment report.
- Auctions: France will auction 10-year bond today.
