FxWirePro: The Day Ahead- 25th January 2017

Not many economic data and events scheduled for today and all with low to medium volatility risks associated.

Data released so far:

• Australia: Consumer price index rose by 0.5 percent in the fourth quarter, up 1.5 percent from a year ago. RBA trimmed mean CPI rose 1.6 percent from a year ago.

Upcoming:

• Switzerland: UBS consumption indicator will be published at 7:00 GMT.
   
• France: Business climate data for January will be published at 7:45 GMT.
   
• Germany: IFO sentiment report that includes current assessment, expectations, and business climate will be published at 9:00 GMT.
   
• Italy: Industrial sales and orders data for November will be published at 9:00 GMT, followed by trade balance details at 10:00 GMT.
   
• United Kingdom: CBI industrial trends survey details will be published at 11:00 GMT.
   
• United States: MBA mortgage details will be published at 12:00 GMT, followed by house price index for November at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT.
   
• New Zealand: Consumer price index for the fourth quarter will be published at 21:45 GMT. RBNZ governor Wheeler is scheduled to speak at 23:00 GMT.
   
• Japan: Corporate service prices data will be published at 23:50 GMT.
   
• Auction: Germany will auction 30-year bond today.