Guide to today’s important data and events

Not many economic dockets scheduled for today and all with low to medium risks associated.

Data released so far

• Australia - Unemployment rate edged up to 6% from 5.8% as employment declined by 7900.

• China - Consumer price index edged up 1.8% in January and producer price index declined by -5.3%.

Upcoming 

• Switzerland - Trade balance will be released at 7:00 GMT.
   
• France - Consumer price index will be released at 7:45 GMT.
   
• Spain - Trade balance for January will be released at 9:00 GMT.
   
• Euro Zone - Current account balance will be released at 9:00 GMT. European leaders will start their two day meeting to discuss Britain's demand of EU and migrant crisis. ECB will release its monetary policy minutes at 12:30 GMT.
   
• US - Weekly initial jobless claims will be released at 13:30 GMT, Philadelphia FED manufacturing survey will also be released at same time Conference board leading indicator will be released at 15:00 GMT EIA will release weekly natural gas report at 15:30 GMT and crude report at 16:00 GMT. FOMC member Williams will be speaking at 10:30 GMT.
   
• Canada - Wholesale sales for December will be released at 13:30 GMT.