MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- United Kingdom: Right move house price index up 1.5 percent according to March report, up 2.1 percent from a year ago.
- China: House price index rose 5.2 percent y/y in February.
Upcoming:
- G20: G20 meeting begins today in Argentina.
- Italy: January industrial output report and trade balance report will be released at 9:00 GMT and 10:00 GMT respectively.
- Eurozone: January trade balance and construction output report will be released at 10:00 GMT.
- United States: FOMC member Bostic is set for a speech at 13:00 GMT.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.
- New Zealand: First quarter consumer survey report will be released by Westpac at 21:00 GMT.
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