RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
ECB May Stop Rate Hikes After December, Capital Economics Says 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
Fed’s Williams Signals One More Rate Hike Before Year-End 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
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Not many economic data and events scheduled for today, and all with medium volatility risks associated.
Upcoming:
- Australia: Q4 GDP grew 0.2 percent q/q, up 2.3 percent y/y from a year ago.
Upcoming:
- United States: MBA mortgage applications report will be released at 12:00 GMT. ADP employment report will be released at 13:15 GMT. December trade balance report will be released at 13:30 GMT. EIA will release its weekly crude oil inventory report at 15:30 GMT. Fed’s Williams is set for a speech at 17:00 GMT. Fed will release the Beige Book at 19:00 GMT.
- Canada: Q4 labor productivity report will be released at 13:30 GMT, along with December trade balance. Bank of Canada will announce rate decision at 15:00 GMT. IVEY PMI report will be released at 15:00 GMT.
- United Kingdom: BoE’s Saunders is set for a speech at 17:30 GMT.
- Australia: AiG performance of construction report will be released at 21:30 GMT.
