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Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
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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.
