RBI Hits Pause as Geopolitical Storm Clouds Gather 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
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.
