Lots of economic data and events scheduled for today but all with low to medium risks associated.
Upcoming:
- Japan: Eco watchers’ survey for December will be published at 5:00 GMT. Trade balance for December will be published at 23:50 GMT.
- Spain: Industrial output for November will be published at 8:00 GMT.
- United Kingdom: Trade balance for November will be published at 9:30 GMT, along with industrial and manufacturing production details for the month. NIESR will release GDP estimate for 3 months to December at 15:00 GMT.
- Greece: CPI stat for December at 10:00 GMT.
- Eurozone: Industrial production numbers for November will be published at 10:00 GMT. ECB will release minutes at 12:30 GMT.
- United States: MBA mortgage applications and related data will be published at 12:00 GMT. EIA will release crude oil weekly inventory report at 15:30 GMT. US President elect Donald Trump will hold his first press conference since the win at 16:00 GMT.
- 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.


Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 



