RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Sizable numbers of economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: Fourth quarter flash GDP number will be released at 8:00 GMT.
- Switzerland: KOF leading indicator for January will be published at 8:00 GMT.
- Greece: Retail sales and producer price index for November will be published at 9:00 GMT.
- Eurozone: Consumer confidence, industrial confidence, economic sentiment, business climate, and services sentiment data for January will be published at 10:00 GMT.
- Germany: Flash CPI and HICP for January will be released at 13:00 GMT.
- United States: Personal income and expenditure data for December will be published at 13:30 GMT, followed by pending home sales at 15:00 GMT and Dallas Fed manufacturing index at 15:30 GMT.
- Japan: Unemployment report for December will be published at 23:30 GMT, followed by industrial production for the month at 23:50 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT. Italy will auction 5-year and 10-year bonds today.
