Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Unemployment rate rose by 0.1 percent in December to 5.5 percent as participation rate ticked up by 0.2 percent to 65.7 percent. Employment rose by 34,700.
- China: House price index rose to 5.3 percent in December.
- Japan: Industrial production rose 0.5 percent in November, up 3.6 percent from a year ago.
Upcoming:
- China: December industrial production report, retail sales, fixed asset investments report and fourth quarter GDP numbers will be released at 7:00 GMT.
- United States: Housing starts and building permits report will be released at 13:30 GMT, along with weekly jobless claims report and Philadelphia Fed manufacturing survey. EIA will release natural gas inventory report at 15:30 GMT and oil inventory report at 16:00 GMT.
- New Zealand: December business PMI report will be released at 21:30 GMT.
- Auction: U.S. will auction 10-year note at 18:00 GMT. Spain will auction 3-year, 5-year, and 10-year bond today.
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