Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
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.
