Lots of economic data and events scheduled for today, and some with very high volatility risks associated.
Data released so far:
- China: House price index up 9.7 percent y/y in December, compared to 9.3 percent in November.
- Japan: Tertiary industry index declined 0.3 percent m/m in December, after a 2.2 percent rise in November.
Upcoming:
- Germany: HICP inflation report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT, followed by inflation report at 10:00 GMT.
- United Kingdom: UK’s House of Commons will hold a no-confidence vote on Theresa May’s government later today around 19:00 GMT. BoE’s Carney set for a speech at 9:15 GMT. Inflation reports will be released at 9:30 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by terms of trade report at 13:30 GMT. National Housing board will release the market report at 15:00 GMT. EIA will release weekly oil inventory report at 15:30 GMT. Fed will release Beige book at 19:00 GMT and Treasury department will release the flow report at 21:00 GMT.