RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
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.
