RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- France: Consumer confidence and business climate reports will be released at 7:45 GMT.
- Eurozone: Loans and money supply reports will be released at 9:00 GMT. ECB’s Coeure is scheduled to speak at 10:00 GMT.
- United Kingdom: Fourth quarter GDP report will be released at 9:30 GMT. BoE governor Carney is scheduled to speak at 14:00 GMT.
- United States: Fed’s Bullard is scheduled to speak at 13:00 GMT. Fourth quarter flash GDP report will be released at 13:30 GMT, along with goods trade balance and durable goods report.
- Canada: Consumer price inflation report will be released at 13:30 GMT.
- Japan: BoJ governor Kuroda is scheduled to speak at 14:00 GMT.
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