Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Not many economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- China: House price index rose by 12.3 percent y/y in October.
- New Zealand: Retail sales for third quarter grew by 0.9 percent.
Upcoming:
- Germany: Producer price index for October will be released at 7:00 GMT. German Bundesbank president Weidmann is scheduled to speak at 10:30 GMT.
- Eurozone: Current account for September will be released at 9:00 GMT. ECB president Draghi is scheduled to speak at 8:00 GMT.
- United Kingdom: MPC member Broadbent is scheduled to speak at 9:10 GMT.
- United States: Fed’s Bullard is scheduled to speak at 10:30 GMT, followed by William Dudley and Esther George at 14:30 GMT. Kansas Fed manufacturing index will be published at 16:00 GMT.
- Canada: Consumer price inflation for October will be released at 13:30 GMT.
- New Zealand: Producer price index for third quarter will be released at 21:45 GMT, along with retail sales data.
