Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
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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