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.


RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 



