Not many economic data and events scheduled for today, and all with medium volatility risks associated.
Upcoming:
- Australia: Q4 GDP grew 0.2 percent q/q, up 2.3 percent y/y from a year ago.
Upcoming:
- United States: MBA mortgage applications report will be released at 12:00 GMT. ADP employment report will be released at 13:15 GMT. December trade balance report will be released at 13:30 GMT. EIA will release its weekly crude oil inventory report at 15:30 GMT. Fed’s Williams is set for a speech at 17:00 GMT. Fed will release the Beige Book at 19:00 GMT.
- Canada: Q4 labor productivity report will be released at 13:30 GMT, along with December trade balance. Bank of Canada will announce rate decision at 15:00 GMT. IVEY PMI report will be released at 15:00 GMT.
- United Kingdom: BoE’s Saunders is set for a speech at 17:30 GMT.
- Australia: AiG performance of construction report will be released at 21:30 GMT.


BOJ Rate Hike Expectations Rise Ahead of September Meeting
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 



