Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
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.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
