Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Spain: Q2 unemployment survey report will be released at 7:00 GMT.
- Germany: IFO business climate reports to be released at 8:00 GMT.
- Italy: non-EU trade balance numbers to be released at 8:00 GMT.
- United Kingdom: CBI trade survey report to be released at 10:00 GMT.
- Eurozone: European Central Bank (ECB) will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with goods trade balance and durable goods order report. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas Fed will release its manufacturing activity report at 15:00 GMT.
- Japan: Tokyo inflation report to be released at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT, and 7-year note at 17:00 GMT.


Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 



