Not many economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- United Kingdom: BRC shop price index up 0.7 percent y/y in February.
- Australia: Construction work declined 3.1 percent in Q4.
Upcoming:
- Italy: Consumer and business confidence report will be released at 8:00 GMT, followed by January trade balance report at 9:00 GMT.
- Eurozone: ECB’s Benoît Cœuré set to give a speech at 8:30 GMT. Private loans and money supply statistics will be published at 9:00 GMT. Sentiment reports will be released at 10:00 GMT.
- Switzerland: ZEW survey sentiment report will be released at 9:00 GMT.
- Germany: Bundesbank President Weidmann set for a speech at 10:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by the December goods trade balance and durable goods order report at 13:30 GMT. Pending home sales report and factory orders report will be released at 15:00 GMT. EIA will release its weekly crude oil inventory report at 15:30 GMT.
- Japan: Industrial production report will be published at 23:50 GMT, along with January retail trade numbers.
- Auction: Germany and Italy would auction 10-year bond today.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
ECB May Stop Rate Hikes After December, Capital Economics Says
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
Fed’s Williams Signals One More Rate Hike Before Year-End
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise
BOJ Set for Rate Hike as Inflation and Yen Pressure Mount
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 



