Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: Factory orders report will be released at 6:00 GMT. Bundesbank President Weidmann is set for a speech at 11:15 GMT.
- Spain: Industrial output report will be released at 7:00 GMT.
- Switzerland: CPI inflation report will be released at 7:15 GMT.
- United Kingdom: BoE’s Carney is set for a speech at 10:00 GMT.
- United States: Challenger jobs report will be released at 11:30 GMT. ADP employment report will be released at 12:15 GMT. Weekly jobless claims report will be released at 12:30 GMT. Markit services PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:00 GMT. FOMC will release minutes at 18:00 GMT.
- Australia: AiG performance of construction report will be released at 22:30 GMT.


Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



