RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Not many economic data and events scheduled for today, and all with medium volatility risks associated.
Upcoming:
- Australia: Q4 GDP grew 0.2 percent q/q, up 2.3 percent y/y from a year ago.
Upcoming:
- United States: MBA mortgage applications report will be released at 12:00 GMT. ADP employment report will be released at 13:15 GMT. December trade balance report will be released at 13:30 GMT. EIA will release its weekly crude oil inventory report at 15:30 GMT. Fed’s Williams is set for a speech at 17:00 GMT. Fed will release the Beige Book at 19:00 GMT.
- Canada: Q4 labor productivity report will be released at 13:30 GMT, along with December trade balance. Bank of Canada will announce rate decision at 15:00 GMT. IVEY PMI report will be released at 15:00 GMT.
- United Kingdom: BoE’s Saunders is set for a speech at 17:30 GMT.
- Australia: AiG performance of construction report will be released at 21:30 GMT.
