Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
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.
