U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- United Kingdom: Right move house price index is up 2.3 percent y/y in February.
Upcoming:
- Germany: producer price index for February will be updated at 7:00 GMT. German Bundesbank might release its monthly report today. German Bundesbank chief Jens Weidmann is scheduled to speak at 16:45 GMT.
- Eurozone: Fourth quarter Labor cost report will be published at 10:00 GMT.
- Portugal: January current account balance report will be released at 11:00 GMT.
- United States: Chicago Fed National activity index for February will be reported at 11:30 GMT. Fed’s Evans is scheduled to speak at 17:10 GMT.
- Canada: Wholesale sales report for January will be reported at 12:30 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
