Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Not many economic data and events scheduled for today and all with low to medium risks associated.
Data released so far:
- China: Exports declined by 6.1 percent y/y in December. Imports up by 3.1 percent y/y. Trade balance came at $40.818 billion.
Upcoming:
- Germany: Wholesale price inflation for December will be reported at 7:00 GMT.
- Spain: Consumer inflation number will be released at 8:00 GMT.
- United States: Retail sales report for December will be published at 13:30 GMT, along with producer price inflation and followed by Michigan consumer sentiment report at 15:00 GMT. FOMC member Harker is scheduled to speak at 14:30 GMT.
