Sizable numbers of economic data and events scheduled for this week but all with low to medium risks associated.
Data released so far:
- United Kingdom: BRC shop price index rose by 1 percent in December.
- Australia: Retail sales rose by 0.2 percent in November.
- China: Consumer price index rose by 2.1 percent y/y in December and producer price index rose by 5.5 percent y/y.
- Japan: Consumer confidence improved to 43.1 in December.
Upcoming:
- France: Industrial output data for November will be published at 7:45 GMT.
- United States: NFIB business optimism index for December will be announced at 11:00 GMT, followed by Redbook index at 13:55 GMT, and JOLTS jobs report at 15:00 GMT along with TIPP economic optimism.
- Canada: Housing starts figure will be released at 13:15 GMT, followed by building permits data at 13:30 GMT.
- Auctions: US will auction 1-month bills at 16:30 GMT and 3-year notes at 18:00 GMT.


Oil Prices Rise as Hormuz Reopening Remains Uncertain
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Oil Prices Rise as Hormuz Reopening Remains Uncertain 



