Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: National Australia bank’s business confidence improves to 6 from 4 in August and conditions deteriorates to 7 from 8.
- China: Urban investment grew 6.1 percent y/y in August. Industrial production grew 6.3 percent y/y. Retail sales grew 10.6 percent in August from a year back.
Upcoming:
- Germany: Wholesale price index for August will be reported today. HICP inflation will be reported at 6:00 GMT.
- China: Money supply and loans statistics may get released today.
- Spain: HICP inflation data will be reported at 7:00 GMT.
- Switzerland: Producer and import prices for August will be reported at 7:15 GMT.
- Italy: Industrial production for July will be reported at 8:00 GMT.
- United Kingdom: August inflation statistics will be published from UK at 8:30 GMT.
- Eurozone: ECB president Mario Draghi is scheduled to speak at 9:00 GMT. Zew survey report on economic sentiment will be published at the same time, along with employment change report for the second quarter.
- United States: NFIB business optimism index for August will be released at 10:00 GMT, followed by Redbook index at 12:55 GMT and monthly budget statement at 18:00 GMT.
- Auction: United States will auction 1-month bills at 15:30 GMT and 10-year note at 17:00 GMT.
