Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for November came at A$1.243 billion.
- Japan: Labor cash earnings rose by 0.2 percent y/y in November.
Upcoming:
- Germany: Factory orders for November will be released at 7:00 GMT, along with retail sales.
- Switzerland: December forex reserve data will be published at 8:00 GMT.
- Eurozone: Confidence data for December will be released at 10:00 GMT, along with retail sales report.
- United States: Trade balance for November will be published at 13:30 GMT, along with NFP report for December, followed by November factory orders and durable goods orders at 15:00 GMT. Fed’s Evans is scheduled to speak on economy and policy at 17:15 GMT. Fed’s Lacker is scheduled to speak at Maryland Bankers’ association at 18:00 GMT.
- Canada: Payroll report for December will be released at 13:30 GMT.


JPMorgan Sees ECB Raising Rates to 2.75% in December
Central Banks Could Buy 20,000 Tonnes of Gold: BofA
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation
European Stocks Rally After Fed Hike, Iran Peace Hopes
Yen Extends Gains as BOJ Rate Hike Bets Rise
ECB Rate Hike in Focus as Oil Tops $100
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease
US Stock Futures Dip After Wall Street Rally
Iran Economic Crisis Forces Afghan Families to Return Home 



