Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: National Australia Bank’s business confidence index rose to 11 in December and business condition index rose to 13.
Upcoming:
- France: Fourth quarter GDP report will be released at 6:30 GMT, followed by consumer spending report at 7:45 GMT.
- Switzerland: December trade balance report will be released at 7:00 GMT, followed by KOF leading indicator at 8:00 GMT.
- Spain: Fourth quarter GDP report will be released at 8:00 GMT.
- Italy: Consumer and business confidence report will be released at 9:00 GMT.
- United Kingdom: Consumer credit and money supply reports will be released at 9:30 GMT. BoE governor Carney is scheduled to speak at 15:30 GMT.
- Portugal: Consumer and business confidence report will be released at 9:30 GMT, followed by unemployment report at 11:00 GMT.
- Greece: December producer price inflation report will be released at 10:00 GMT.
- Eurozone: Fourth quarter GDP report will be released at 10:00 GMT, along with sentiment reports.
- Germany: Consumer price inflation report will be released at 13:00 GMT.
- United States: S&P Case-Shiller home price report will be released at 14:00 GMT.
- Japan: Industrial production reports will be released at 23:30 GMT.
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