Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
EU and CPTPP Nations Push for Landmark Digital Trade Agreement 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold 
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.
- France: Consumer price inflation numbers for December will be reported at 7:45 GMT, along with November budget details.
- Germany: Real GDP growth figure will be published at 9:00 GMT.
- Italy: Industrial output numbers for November will be published at 9:00 GMT.
- Greece: Greece will publish unemployment 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: Weekly jobless claims report will be released at 13:30 GMT, along with terms of trade details. Fed’s Evans is scheduled to speak at 13:30 GMT same as Harker. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: New Houe price for November data at 13:30 GMT.
- New Zealand: Electronic card retail sales report for December will be released at 21:45 GMT.
- Auctions: US will auction 30-year bonds at 18:00 GMT. UK will auction 10-year bond today.
