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 Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 



