Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
U.S. Stock Futures Edge Higher as Ceasefire Extension and Intel Earnings Lift Sentiment 
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears 
Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions 
Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns 
Australia Bans Card Payment Surcharges Starting October 2025 
U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets 
Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance improves to 3.51 billion with exports rising 5 percent and imports by 1 percent. Building permits declined 11.4 percent in December from a year ago.
Upcoming:
- Japan: Consumer confidence report for January will be released at 5:00 GMT.
- Spain: January unemployment change will be reported at 8:00 GMT.
- Switzerland: Real retail sales report will be published at 8:15 GMT.
- Eurozone: Economic bulletin will be published at 9:00 GMT. Producer price inflation for December will be reported at 10:00 GMT. ECB president Draghi is scheduled to speak at 12:15 GMT.
- United Kingdom: Markit construction PMI report will be published at 9:30 GMT. BoE will announce monetary policy at 12:00 GMT.
- United States: Weekly jobless claims report will be published at 13:30 GMT, along with non-farm productivity report and unit labor cost report. TIPP economic optimism report will be published at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Australia: AiG performace of services index will be published at 22:30 GMT.
- Japan: BoJ will release monetary policy minutes at 23:50 GMT.
