Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Lots of economic dockets and events scheduled for today but all with low to medium risks associated.
Data released so far:
Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year ago. New motor vehicle sales declined 2.4 percent in October, up 1.2 percent from a year back.
Upcoming:
- United States: Fed’s Bullard is scheduled to speak at 8:00 GMT. MBA mortgage applications will be released at 12:00 GMT. Producer price index for October will be released at 13:30 GMT, followed by Industrial production report at 14:15 GMT. NAHB housing market report will be released at 15:00 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC member Harker is scheduled to speak at 22:30 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Unemployment report will be published at 9:30 GMT. CB leading economic index will be released at 14:30 GMT.
- Switzerland: Zew survey report will be published at 10:00 GMT.
- Canada: Manufacturing shipments for September will be released at 13:30 GMT.
- New Zealand: RBNZ financial stability report will be released at 20:00 GMT. Producer price index for the third quarter will be released at 21:45 GMT, along with retail sales at 21:45 GMT.
