Fed’s Williams Sees One More Rate Hike in 2026, None in 2027 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
ECB May Stop Rate Hikes After December, Capital Economics Says 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: producer price inflation report will be released at 7:00 GMT, for the month of December.
- Switzerland: Producer and import price inflation report will be released at 8:15 GMT.
- Eurozone: Current account balance for November will be reported at 9:00 GMT.
- United Kingdom: Retail sales report for December will be released at 9:30 GMT.
- Canada: November manufacturing shipments report will be released at 13:30 GMT.
- United States: Michigan consumer sentiment report will be released at 15:00 GMT. Fed’s Quarles is set to speak at 17:15 GMT.
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