Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: December trade balance came at $54.69 billion with exports rising 10.9 percent y/y and imports rising 4.5 percent y/y.
Upcoming:
- France: Consumer price inflation report will be published at 7:45 GMT.
- Spain: HICP inflation report will be released at 8:00 GMT.
- Italy: November industrial output numbers will be released at 9:00 GMT.
- Greece: CPI inflation report will be released at 10:00 GMT.
- United States: retail sales report will be released at 13:30 GMT, along with consumer price inflation report for December.
- Germany: Bundesbank President Weidmann is scheduled to speak at 16:30 GMT.
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