Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance came at 30 percent in November.
- Australia: Trade deficit for October came at 1.54 billion. Imports rose by 2 percent and exports by 1 percent.
- China: Trade balance for November came at $44.61 billion. Imports rose by 13 percent y/y and exports rose by 5.9 percent.
- Japan: Eco watchers survey outlook improved to 49.1 and current improved to 48.6.
Upcoming:
- France: Third quarter non-farm payroll report will be released at 6:30 GMT, followed by Industrial output for October at 7:45 GMT.
- Eurozone: ECB will announce interest rate decision at 12:45 GMT, followed by press conference at 13:30 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Housing starts November report will be published at 13:15 GMT, followed by Building permits and new house prices at 13:30 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.
