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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 



