Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index declined 1.7 percent y/y in January.
- Japan: Nikkei manufacturing PMI declined marginally to 52.7 in January.
- China: NBS manufacturing PMI marginally declined to 51.3 in January and non-manufacturing came at 54.6
Upcoming:
- United Kingdom: Nationwide housing prices for January will be reported at 7:00 GMT.
- Japan: BoJ governor Kuroda is scheduled to speak at 7:15 GMT.
- Spain: Markit manufacturing PMI will be reported at 8:15 GMT.
- Switzerland: SVME PMI report will be published at 8:30 GMT.
- Italy: Markit manufacturing PMI report for January will be published at 8:45 GMT.
- France: Markit manufacturing PMI report will be published at 8:50 GMT.
- Germany: Markit manufacturing PMI report will be published at 8:50 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. Markit manufacturing PMI report for January will be published at 9:00 GMT. European commission released economic growth forecast report at 10:00 GMT.
- United Kingdom: Markit manufacturing PMI report will be published at 9:30 GMT.
- United States: MBA mortgage applications number will be reported at 12:00 GMT. ADP employment report will be published at 13:15 GMT, followed by Markit manufacturing PMI at 14:45 GMT and ISM manufacturing PMI at 15:00 GMT. EIA will release crude oil inventory report at 15:30 GMT. FOMC will announce interest rate decision at 19:00 GMT.
