Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: CPI inflation up 1.9 percent y/y in December, down from 2.2 percent in November. PPI inflation eased to 0.9 percent y/y in December.
- Japan: In December consumer confidence declined to 42.7 from 42.9 in November.
Upcoming:
- France: November industrial output report will be released at 7:45 GMT.
- Italy: November retail sales report will be released at 9:00 GMT.
- United Kingdom: BoE will release credit conditions survey at 9:30 GMT.
- Eurozone: ECB will release minutes of the last meeting at 12:30 GMT.
- United States: Weekly jobless claims report at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT. Fed Chair Powell is set for a speech at 17:00 GMT, Bullard at 17:30 GMT, Evans at 18:00 GMT, and Clarida at 22:30 GMT.
- Auction: the U.S. will auction 30-year bond at 18:00 GMT.
