RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Unemployment rate declined to 8-year low to 4.9 percent, largely due to a drop in participation rate. Employment rose by 4,600.
Upcoming:
- Switzerland: SNB will announce the rate decision at 8:30 GMT.
- United Kingdom: Retail sales report for February will be published at 9:30 GMT. BoE will announce the rate decision at 12:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT.
- Canada: February ADP employment report will be released at 12:30 GMT, along with wholesale inventories.
- Eurozone: March consumer confidence flash report due at 15:00 GMT.
- Japan: National CPI due at 23:30 GMT.
- Auction: The U.S. will auction 1-month bills at 15:30 GMT.
