Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: producer price inflation report will be released at 7:00 GMT, for the month of December.
- Switzerland: Producer and import price inflation report will be released at 8:15 GMT.
- Eurozone: Current account balance for November will be reported at 9:00 GMT.
- United Kingdom: Retail sales report for December will be released at 9:30 GMT.
- Canada: November manufacturing shipments report will be released at 13:30 GMT.
- United States: Michigan consumer sentiment report will be released at 15:00 GMT. Fed’s Quarles is set to speak at 17:15 GMT.
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