RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: GFK consumer confidence index came at -14 in January.
- Australia: Australia’s terms of trade improved with export price index up 4.4 percent q/q in Q4, and import price index rising 0.5 percent.
- China: NBS manufacturing PMI came at 49.5 in January, and non-manufacturing PMI came at 54.7.
- Japan: Housing starts up 2.1 percent y/y in December.
Upcoming:
- Germany: December retail sales report will be released at 7:00 GMT, and followed by unemployment report at 8:55 GMT.
- France: CPI inflation report will be released at 7:45 GMT.
- Spain: HICP inflation report will be released at 8:00 GMT, along with Q4 GDP, and followed by current account balance at 9:00 GMT.
- Italy: December unemployment report will be released at 9:00 GMT. Along with Q4 GDP.
- Eurozone: Q4 GDP report will be published at 10:00 GMT, along with the December unemployment report.
- United States: Weekly jobless claims report will be released at 12:30 GMT, followed by Chicago PMI report 14:45 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Japan: December unemployment report will be released at 23:30 GMT.
- Auction: the U.S. will auction 1-month bills at 16:30 GMT.
