Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: Retail sales up 9.7 percent y/y in January. Industrial production grew 7.2 percent y/y. Fixed asset investments up 7.9 percent y/y.
Upcoming:
- Germany: HICP inflation report will be released at 7:00 GMT.
- Spain: January retail sales report will be released at 8:00 GMT.
- Eurozone: ECB President Draghi is set for a speech at 8:00 GMT and Praet at 8:45 GMT. Vice President Vitor Constancio to speak at 10:45 GMT. January industrial production report and fourth quarter employment change reports will be released at 10:00 GMT.
- Italy: January retail sales report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by retail sales report and producer price inflation report at 12:30 GMT. EIA will release crude oil inventory report at 14:30 GMT.
- New Zealand: Fourth quarter GDP report will be published at 21:45 GMT.
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