Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
ECB May Stop Rate Hikes After December, Capital Economics Says 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
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Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: December producer price inflation came at 4.9 percent y/y. Consumer price inflation rose 0.3 percent in December, up 1.8 percent from a year ago.
Upcoming:
- France: November industrial output report will be published at7:45 GMT.
- United Kingdom: Manufacturing and industrial production report will be published at 9:30 GMT, along with trade balance.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by terms of trade report at 13:30 GMT. Fed’s Evans is scheduled to speak at 14:00 GMT. EIA will release weekly oil inventory report at 15:30 GMT. Fed’s Bullard is scheduled to speak at 18:30 GMT.
- Auction: The U.S. will auction 10-year note at 18:00 GMT.
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