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.


European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports
Fed Minutes Signal Another Rate Hike by Year-End
RBI Rate Hike Bets Surge as Inflation Rises
Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data
US Dollar Near 18-Month High Ahead of Inflation Data
European Stocks Rise as Oil Prices Fall Ahead of US CPI
Trump Secures Russian Diesel Deal as US Fuel Prices Surge
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households
Wall Street Ends Mixed as Investors Await CPI and Bank Earnings
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks 



