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.


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