ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index up 0.4 percent y/y in January.
- Australia: RBA trimmed mean CPI up 0.4 percent q/q, and up 1.8 percent y/y.
Upcoming:
- Japan: Consumer confidence report will be released at 5:00 GMT.
- France: Q4 GDP report will be released at 6:30 GMT. Consumer spending report for December will be published at 7:45 GMT.
- Germany: Import price inflation report will be released at 7:00 GMT, along with GFK consumer confidence report.
- Spain: December retail sales report will be released at 8:00 GMT.
- Switzerland: KOF leading indicator for the month of January will be updated at 8:00 GMT, followed by the release of ZEW sentiment report at 9:00 GMT.
- Italy: Business and consumer confidence report will be released at 9:00 GMT.
- United Kingdom: M4 money supply statistics and credit report will be published at 9:30 GMT.
- Eurozone: Eurozone sentiment report will be published at 10:00 GMT.
- Germany: HICP inflation report will be published at 13:00 GMT.
- United States: ADP employment report will be published at 13:15 GMT, followed by pending home sales report at 15:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. FOMC will announce interest rate decision at 19:00 GMT.
- Japan: December industrial production report will be released at 23:50 GMT.
