BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity prices declined 0.1 percent in January.
- Japan: Markit services PMI for January came at 51.9 in January.
- China: Caixin manufacturing PMI declined to 51 in January.
Upcoming:
- Spain: Markit services PMI for January will be released at 8:15 GMT.
- Italy: Markit services PMI for January will be released at 8:45 GMT. Flash consumer price inflation for January will be released at 10:00 GMT.
- France: Markit services PMI will be released at 8:50 GMT.
- Germany: Markit services PMI report will be released at 8:55 GMT.
- Eurozone: Services PMI report will be released at 9:00 GMT. Retail sales for December will released at 10:00 GMT.
- United Kingdom: Markit services PMI report will be published at 9:30 GMT.
- United States: NFP report will be released at 13:30 GMT, followed by Markit services PMI at 14:45 GMT, and ISM non-manufacturing PMI and Factory orders at 15:00 GMT.
- Canada: IVEY PMI report will be published at 15:00 GMT.
