China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: TD securities inflation up 0.3 percent in October, up 2.6 percent from a year ago. ANZ job advertisement up 1.4 percent in September.
- New Zealand: RBNZ inflation expectations up 2 percent in the third quarter, down from 2.1 percent in the second.
Upcoming:
- Germany: Factory orders for September will be reported at 7:00 GMT.
- Spain: Markit services PMI for October will be reported at 8:15 GMT.
- Switzerland: Consumer inflation report will be released at 8:15 GMT.
- Italy: Markit services PMI for October will be reported at 8:45 GMT.
- France: Markit services PMI for October will be reported at 8:50 GMT.
- Germany: Markit services PMI for October will be reported at 8:55 GMT.
- Eurozone: Markit services PMI for October will be reported at 9:00 GMT, followed by sentix investor confidence and producer price inflation for September.
- United States: Fed Chair Janet Yellen’s speech is scheduled at 13:00 GMT. Fed’s William Dudley will speak at 17:00 GMT.
- Canada: IVEY PMI for October will be reported at 15:00 GMT.
- Australia: AiG construction index for October will be updated at 22:30 GMT.
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