Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Australia: January trade balance came at $4.55 billion. Retail sales grew just 0.1 percent in January.
Upcoming:
- Switzerland: Unemployment report will be released at 8:30 GMT.
- United Kingdom: Halifax house price report will be published at 8:30 GMT. BoE’s Tenryro set for a speech at 9:30 GMT.
- Italy: January retail sales report will be released at 9:00 GMT.
- Eurozone: Q4 GDP report will be released at 10:00 GMT. ECB will announce rate decision at 12:45 GMT, followed by a press conference at 13:30 GMT.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by weekly natural gas inventory report at 13:30 GMT, along with Q4 non-farm productivity and Labor cost report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Fed’s Brainard to speak at 17:15 GMT. January consumer credit report due at 19:00 GMT.
- New Zealand: Manufacturing sales report will be released at 23:50 GMT, along with January trade balance.
- Auction: France will sell 10-year bond today. Spain will sell 5-year and 10-year bonds. The U.S. will auction 1-month bills at 16:30 GMT.
