Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: Factory orders report will be released at 6:00 GMT. Bundesbank President Weidmann is set for a speech at 11:15 GMT.
- Spain: Industrial output report will be released at 7:00 GMT.
- Switzerland: CPI inflation report will be released at 7:15 GMT.
- United Kingdom: BoE’s Carney is set for a speech at 10:00 GMT.
- United States: Challenger jobs report will be released at 11:30 GMT. ADP employment report will be released at 12:15 GMT. Weekly jobless claims report will be released at 12:30 GMT. Markit services PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:00 GMT. FOMC will release minutes at 18:00 GMT.
- Australia: AiG performance of construction report will be released at 22:30 GMT.


Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 



