Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- China: China’s trade balance came at $4.12 billion, with exports declining 20.7 percent y/y in February, and imports declining 5.2 percent y/y.
Upcoming:
- Germany: January Factory orders report will be released at 7:00 GMT.
- France: January trade balance report will be released at 7:45 GMT.
- Spain: industrial output report for the month of January will be published at 8:00 GMT.
- Italy: January industrial output report will be published at 9:00 GMT, followed by the PPI inflation report at 10:00 GMT.
- United States: January building starts and permits report will be released at 13:30 GMT, along with the February non-farm payroll report.
- Canada: Unemployment report will be published at 13:30 GMT.
