Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC retail sales index up 1.8 percent y/y.
- Japan: Markit services PMI rose to 51.6 in January.
- Australia: December trade balance came at $3.68 billion. Retail sales declined 0.4 percent in December. RBA kept interest rates unchanged at 3:30 GMT.
Upcoming:
- Spain: January services PMI report will be released at 8:15 GMT.
- Italy: January services PMI report will be released at 8:45 GMT.
- France: January services PMI report will be released at 8:50 GMT.
- Germany: January services PMI report will be released at 8:55 GMT.
- Eurozone: January services PMI report will be released at 9:00 GMT, followed by retail sales report at 10:00 GMT.
- United Kingdom: Services PMI report will be released at 9:30 GMT.
- Eurozone: Sentix investor confidence report will be released at 9:30 GMT. Followed by PPI inflation report at 10:00 GMT.
- Canada: Trade balance report for December will be published at 13:30 GMT.
- United States: Markit Services PMI report will be released at 14:45 GMT, followed by ISM non-manufacturing PMI report at 15:00 GMT.
- Auction: U.S. will auction 3-year notes at 18:00 GMT.


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