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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index down 0.6 percent y/y in December.
- Japan: Markit services PMI declined to 51.1 in December.
- Australia: November trade balance came at -$628 million.
Upcoming:
- Germany: Retail sales report will be released at 7:00 GMT.
- France: Consumer confidence report will be released at 7:45 GMT, along with flash consumer inflation report.
- Switzerland: November Forex reserve details will be published at 8:00 GMT.
- Italy: Retail sales report for November will be published at 9:00 GMT.
- Eurozone: December flash CPI report will be published at 10:00 GMT, along with November PPI inflation.
- United States: Unemployment report for December will be released at 13:30 GMT, along with trade balance report for November and followed by factory orders and ISM-non-manufacturing report at 15:00 GMT. FOMC member Harker is scheduled to speak at 15:15 GMT, and Mester at 17:30 GMT.
- Canada: Trade balance and unemployment report will be published at 13:30 GMT followed by IVEY PMI report at 15:00 GMT.
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