China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 0.9 percent y/y in September.
- United Kingdom: BRC like for like retail sales down 1 percent in October.
- Australia: RBA kept monetary policy unchanged.
Upcoming:
- Germany: Industrial production for September will be reported at 7:00 GMT.
- France: September budget details will be published at 7:45 GMT.
- Switzerland: September Forex reserve details will be released at 8:00 GMT.
- United Kingdom: Halifax house price index for October will be reported at 8:30 GMT. NIESR will release GDP estimate at 15:00 GMT.
- Italy: Retail sales report for September will be reported at 9:00 GMT.
- United States: JOLTS jobs report for September will be reported at 15:00 GMT, along with TIPP economic optimism. Consumer credit report will be published at 20:00 GMT.
- Canada: BoC governor Poloz is scheduled to speak at 17:55 GMT.
- New Zealand: Global dairy auction is scheduled today.
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