Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Germany: Consumer prices for December will be released at 7:00 GMT.
- United Kingdom: Unemployment report will be released at 9:30 GMT.
- Eurozone: Consumer price inflation number for December will be released at 10:00 GMT, along with construction output for November.
- United States: MBA mortgage application details will be published at 12:00 GMT, along with consumer price inflation for December. Redbook index details will be published at 13:55 GMT, followed by industrial production at 14:15 GMT, and NAHB house price index at 15:00 GMT. Fed will release Beige book at 19:00 GMT. Chair Yellen is scheduled to speak at 20:00 GMT.
- Canada: BoC will release monetary policy report at 15:00 GMT, followed by press conference at 16:15 GMT.
- New Zealand: Business PMI number will be published at 21:45, along with building permits data for November.


RBA Says ASX Still Falls Short on Governance and Risk Controls
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash
Oil Prices Rise as Houthi Attacks Threaten Middle East Supply
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks 



