Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Sizable numbers of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: GFK consumer confidence for December marginally improved to -7 from -8 in the previous month.
- New Zealand: M3 money supply rose by 5.9 percent y/y in November.
Upcoming:
- Germany: Import price index data for November will be reported at 7:00 GMT.
- Italy: Industrial sales and orders numbers for October will be declared at 9:00 GMT.
- Eurozone: ECB will publish economic bulletin at 9:00 GMT, followed by retail sales report for October at 10:00 GMT.
- United States: Chicago Fed national activity index for November will be released at 13:30 GMT, along with personal income/spending report, durable goods report, and third quarter GDP report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Kansas Fed will release the manufacturing activity report at 16:00 GMT.
- Canada: Retail sales report for October will be announced at 13:30 GMT, along with consumer price inflation numbers for November.
