Canada Stocks Steady as Markets Await Fed and BoC Decisions 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity price index rose 2 percent in February.
- Japan: Markit services PMI marginally declined to 51.3 in February.
- China: Caixin services PMI for February marginally declines to 52.6
Upcoming:
- Japan: Consumer confidence index will be updated at 5:00 GMT.
- Germany: Retail sales details for January will be reported at 7:00 GMT, followed by the release of Markit services PMI report at 8:55 GMT.
- Spain: Markit services PMI report will be updated at 8:00 GMT, followed by the updating of house price index at 9:00 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT, followed by fourth quarter GDP at 9:00 GMT.
- France: Markit services PMI report will be published at 8:50 GMT
- Eurozone: Markit services PMI will be released at 9:00 GMT and retail sales report at 10:00 GMT.
- United Kingdom: Markit services PMI for February will be reported at 9:30 GMT.
- United States: Markit services PMI report will be released at 14:45 GMT, followed by ISM-non-manufacturing PMI at 15:00 GMT. Many FOMC speakers are scheduled today; Evans and Lacker at 15:15 GMT, Powell at 17:15 GMT, Fischer and Yellen at 18:00 GMT.
