RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: New motor vehicle sales flat for October, up 1 percent from a year ago.
Upcoming:
- Eurozone: ECB President Draghi is set for a speech at 8:30 GMT. September current account report will be published at 9:00 GMT, followed by September construction output report at 10:00 GMT.
- Germany: Bundesbank President Jens Weidmann is set for a speech at 13:00 GMT.
- United States: Housing starts and building permits report will be released at 13:30 GMT. Kansas Fed manufacturing report will be published at 15:00 GMT.
- Canada: Consumer price inflation report will be published at 13:30 GMT.
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