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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 0.7 percent y/y in December.
Upcoming:
- Japan: Leading economic index and coincident index will be updated at 5:00 GMT.
- Germany: December industrial production report will be released at 7:00 GMT.
- France: December trade balance report will be released at 7:45 GMT.
- China: China might announce Forex Reserve details today at 8:00 GMT.
- United Kingdom: Halifax house price report will be released at 8:00 GMT.
- Switzerland: December Forex Reserve report will be released at 8:00 GMT.
- Italy: Retail sales report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Fed’s Dudley is scheduled to speak at 13:30 GMT, Evans at 15:15 GMT, and Williams at 22:20 GMT. EIA will release crude oil inventory report at 15:30 GMT.
- New Zealand: RBNZ will announce rate decision at 20:00 GMT, followed by a press conference at 21:00 GMT.
- Japan: December trade balance report will be released at 23:50 GMT.
- Auction: The U.S. will auction 10-year note at 18:00 GMT.
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