Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Data released so far:
- United Kingdom: GFK consumer confidence came at -13 in December.
- Japan: BoJ kept policy unchanged at today’s meeting. Press conference to be held at 6:30 GMT.
Upcoming:
- Switzerland: November trade balance report will be released at 7:00 GMT.
- France: December business climate report will be released at 7:45 GMT.
- Greece: October current account balance report will be released at 9:00 GMT.
- United Kingdom: Public sector borrowing report for the month of November will be released at 9:30 GMT.
- United States: Philadelphia Fed manufacturing survey will be released at 12:30 GMT, followed by Chicago national activity report at 13:30 GMT. Third quarter GDP data will be released at 13:30 GMT, along with weekly jobless claims report. House price report will be released at 14:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Retail sales report for October will be released at 13:30 GMT, along with CPI inflation report.
- Eurozone: December flash consumer confidence report will be released at 15:00 GMT.
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