Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- New Zealand: RBNZ inflation expectations rose to 2.1 percent in the fourth quarter of 2017.
Upcoming:
- Germany: Consumer price inflation report will be released at 7:00 GMT, along with fourth quarter flash GDP numbers. Bundesbank President Weidmann is scheduled to speak at 8:00 GMT.
- Switzerland: SNB board member Zurbrugg is scheduled to speak at 8:50 GMT.
- Italy: Fourth quarter flash GDP report will be released at 9:00 GMT.
- Portugal: Fourth quarter flash GDP report will be released at 11:00 GMT.
- Eurozone: Fourth quarter flash GDP report will be released at 10:00 GMT, along with December industrial production report.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Retail sales report will be released at 13:30 GMT, along with CPI inflation report. EIA will release weekly crude oil inventory report at 15:30 GMT.
- Japan: Machinery orders report will be released at 23:50 GMT.
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