Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- OPEC's two-day meeting begins today.
- Switzerland: May trade balance report will be released at 6:00 GMT. SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Public sector net borrowing report will be released at 8:30 GMT.
- Germany: Bundesbank President Weidmann is set for a speech at 9:45 GMT.
- United Kingdom: CBI industrial survey report will be released at 10:00 GMT. Bank of England (BoE) will announce rate decision at 11:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with Philadelphia Fed manufacturing report. April house price report will be released at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. U.S. Fed will release bank stress test result today.
- Canada: ADP employment report will be released at 12:30 GMT, along with wholesale sales report.
- Eurozone: Consumer confidence report will be released at 14:00 GMT.
- Japan: CPI inflation report will be released at 23:30 GMT.
