Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: Factory orders report will be released at 6:00 GMT. Bundesbank President Weidmann is set for a speech at 11:15 GMT.
- Spain: Industrial output report will be released at 7:00 GMT.
- Switzerland: CPI inflation report will be released at 7:15 GMT.
- United Kingdom: BoE’s Carney is set for a speech at 10:00 GMT.
- United States: Challenger jobs report will be released at 11:30 GMT. ADP employment report will be released at 12:15 GMT. Weekly jobless claims report will be released at 12:30 GMT. Markit services PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:00 GMT. FOMC will release minutes at 18:00 GMT.
- Australia: AiG performance of construction report will be released at 22:30 GMT.


Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 



