Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Gold Prices Inch Higher Amid U.S.-Iran War Tensions and Technical Rebound 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
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.
