Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI declined to 51 in December.
Upcoming:
- Germany: November retail sales report will be released at 7:00 GMT, along with factory orders report.
- Switzerland: November Forex reserve data will be reported at 8:00 GMT.
- Eurozone: Sentix investor confidence report for the month of January will be released at 9:30 GMT. November retail sales report will be published at 10:00 GMT.
- United States: ISM non-manufacturing PMI report will be released at 15:00 GMT, along with November factory orders report. FOMC member Bostic is set for a speech at 17:40 GMT.
- Canada: IVEY PMI report will be released at 15:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT.


Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 



