Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Consumer price index rose by 0.5 percent in the fourth quarter, up 1.5 percent from a year ago. RBA trimmed mean CPI rose 1.6 percent from a year ago.
Upcoming:
- Switzerland: UBS consumption indicator will be published at 7:00 GMT.
- France: Business climate data for January will be published at 7:45 GMT.
- Germany: IFO sentiment report that includes current assessment, expectations, and business climate will be published at 9:00 GMT.
- Italy: Industrial sales and orders data for November will be published at 9:00 GMT, followed by trade balance details at 10:00 GMT.
- United Kingdom: CBI industrial trends survey details will be published at 11:00 GMT.
- United States: MBA mortgage details will be published at 12:00 GMT, followed by house price index for November at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT.
- New Zealand: Consumer price index for the fourth quarter will be published at 21:45 GMT. RBNZ governor Wheeler is scheduled to speak at 23:00 GMT.
- Japan: Corporate service prices data will be published at 23:50 GMT.
- Auction: Germany will auction 30-year bond today.


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Fed’s Williams Signals One More Rate Hike Before Year-End
Global Stocks Mixed as Oil Falls Ahead of US Earnings
RBA Signals More Rate Hikes as Inflation Risks Rise
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack
ECB May Stop Rate Hikes After December, Capital Economics Says
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets
Samsung, SK Hynix Shares Plunge as China Chip Competition Grows
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 



