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.


New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Fed Officials Split as Powell Weighs December Interest Rate Cut 



