Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Not many of economic data and events scheduled for today, but some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity price index rose 0.7 percent in January.
- Australia: TD securities inflation index rose 0.3 percent in January.
- Japan: Markit services PMI came at 51.9 in January.
- China: Caixin services PMI rose to 54.7 in January.
Upcoming:
- Spain: Markit services PMI report will be released at 8:15 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT.
- France: Markit services PMI report will be released at 8:50 GMT.
- Germany: Markit services PMI report will be released at 8:55 GMT.
- Eurozone: Markit services PMI report will be released at 9:00 GMT. Sentix investor confidence report will be released at 9:30 GMT, followed by retail sales report will be released at 10:00 GMT.
- United States: Markit services PMI report will be released at 14:45 GMT, followed by ISM non-manufacturing report at 15:00 GMT.
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