Lot many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Home loans for December rose 0.4 percent for December. Investment lending for homes declined by 1 percent.
- China: Trade balance for January came at $51.35 billion. Exports rose by 7.9 percent and imports rose by 16.7 percent.
Upcoming:
- Japan: Tertiary industry index will be published at 4:30 GMT.
- France: Industrial output for December and fourth quarter non-farm payrolls report will be published at 7:45 GMT.
- Italy: Industrial output for December will be reported at 9:00 GMT.
- United Kingdom: Industrial production and manufacturing production reportss for December will be published at 9:30 GMT, along with trade balance report.
- Portugal: Consumer price inflation report for January will be released today.
- United States: Terms of trade numbers will be announced at 13:30 GMT. Flash Michigan consumer sentiment for February will be released at 15:00 GMT, followed by January budget statement at 19:00 GMT.
- Canada: Unemployment report for January will be published at 13:30 GMT.


Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets
European Stocks Edge Higher as Fed Rate Pause Bets Rise
S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 



