RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 0.7 percent y/y in December.
Upcoming:
- Japan: Leading economic index and coincident index will be updated at 5:00 GMT.
- Germany: December industrial production report will be released at 7:00 GMT.
- France: December trade balance report will be released at 7:45 GMT.
- China: China might announce Forex Reserve details today at 8:00 GMT.
- United Kingdom: Halifax house price report will be released at 8:00 GMT.
- Switzerland: December Forex Reserve report will be released at 8:00 GMT.
- Italy: Retail sales report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Fed’s Dudley is scheduled to speak at 13:30 GMT, Evans at 15:15 GMT, and Williams at 22:20 GMT. EIA will release crude oil inventory report at 15:30 GMT.
- New Zealand: RBNZ will announce rate decision at 20:00 GMT, followed by a press conference at 21:00 GMT.
- Japan: December trade balance report will be released at 23:50 GMT.
- Auction: The U.S. will auction 10-year note at 18:00 GMT.
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