Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
Sure, the RBA froze interest rates on Tuesday, but there's plenty of pain to come 
Why central banks are too powerful and have created our inflation crisis 
Inflation: I've been analysing the Bank of England's forecast over the past two years – here's how they got it wrong 
RBA's latest forecasts are grim. Here are 5 reasons why 
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI rose to 52.6 in December from 52.4 in November.
- China: Caixin services PMI rose to 53.9 in December from 53.8 in November.
Upcoming:
- United Kingdom: Nationwide house price report will be released at 7:00 GMT.
- France: December CPI inflation report will be released at 7:45 GMT. Services PMI report will be released at 8:50 GMT.
- Spain: Services PMI report will be released at 8:15 GMT.
- Italy: Services PMI report will be released at 8:45 GMT. Followed by CPI inflation at 9:00 GMT.
- Germany: Services PMI report will be released at 8:55 GMT, along with unemployment report 8:55 GMT.
- Eurozone: Services PMI report will be released at 9:00 GMT, followed by December CPI and PPI inflation at 10:00 GMT.
- United Kingdom: Services PMI report will be released at 9:30 GMT, along with consumer credit and money supply statistics.
- United States: NFP report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT, and oil inventory report at 16:00 GMT. FOMC member Bostic and Powell are set for a speech at 15:15 GMT. FOMC member Barkin and Bullard are set for a speech at 18:30 GMT.
