Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
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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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