Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Sizable economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work in Q1 declined 1.9 percent.
Upcoming:
- United States: FOMC member Bullard set for a speech at 5:00 GMT. MBA mortgage report due at 11:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting 18:00 GMT.
- Eurozone: Eurozone President Draghi’s speech due at 7:30 GMT, and Peter Praet at 9:30 GMT.
- United Kingdom: April CPI, PPI, WPI, and HPI inflation report to be released at 8:30 GMT.
- Canada: March retail sales report due at 12:30 GMT.
