Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: PPI inflation report will be released at 5:00 GMT.
- United Kingdom: CPI, PPI, RPI, and HPI inflation reports to be released at 9:30 GMT. CBI industrial trend survey report due at 11:00 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT. EIA will release its weekly oil inventory report at 14:30 GMT. FOMC will announce the rate decision at 18:00 GMT.
- New Zealand: Q4 GDP due at 21:45 GMT. Growth rate expected to slow to 2.5 percent.


Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 



