Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
European Stocks Rise as Oil Prices Fall Ahead of US CPI 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
RBI Rate Hike Bets Surge as Inflation Rises 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack 
ECB May Stop Rate Hikes After December, Capital Economics Says 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Germany: Consumer prices for December will be released at 7:00 GMT.
- United Kingdom: Unemployment report will be released at 9:30 GMT.
- Eurozone: Consumer price inflation number for December will be released at 10:00 GMT, along with construction output for November.
- United States: MBA mortgage application details will be published at 12:00 GMT, along with consumer price inflation for December. Redbook index details will be published at 13:55 GMT, followed by industrial production at 14:15 GMT, and NAHB house price index at 15:00 GMT. Fed will release Beige book at 19:00 GMT. Chair Yellen is scheduled to speak at 20:00 GMT.
- Canada: BoC will release monetary policy report at 15:00 GMT, followed by press conference at 16:15 GMT.
- New Zealand: Business PMI number will be published at 21:45, along with building permits data for November.
