ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- Switzerland: December trade balance report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT.
- Eurozone: December trade balance report will be released at 9:00 GMT, followed by the ZEW economic sentiment report at 10:00 GMT. ECB’s chief economist Peter Praet is set for a speech at 15:00 GMT.
- United Kingdom: ILO unemployment report will be published at 9:30 GMT.
- Germany: ZEW sentiment survey report will be released at 10:00 GMT.
- United States: NAHB house price report will be published at 15:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT.
