Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
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.
