IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks 
S&P 500 Rally Masks Losses for Over 40% of Stocks in 2026 
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports 
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
Deutsche Bank CEO Urges Faster German Economic Reforms 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Oil Prices Rise as Houthi Attacks Threaten Middle East Supply 
Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI 
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Lots of economic data and events scheduled for today But all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits up 7 percent in November, down 4.8 percent from a year ago. ANZ job advertisements declined by 1.9 percent in December.
- China: Forex reserve declined to $3.011 trillion.
Upcoming:
- Germany: Industrial production and trade balance for November will be reported at 7:00 GMT.
- Switzerland: Real retail sales figure for November will be released at 8:15 GMT.
- United Kingdom: Halifax house prices for December will be reported at 8:30 GMT.
- Italy: Italy will release unemployment report at 9:00 GMT.
- Eurozone: Sentix investor confidence report will be published at 9:30 GMT, followed by unemployment report at 10:00 GMT.
- United States: Boston Fed President Rosengren is scheduled to speak at 14:00 GMT. Labor market condition index will be published at 15:00 GMT. Fed’s Lockhart is scheduled to speak at 17:45 GMT
- Canada: Bank of Canada will release its business outlook survey report at 15:30 GMT.
- Auctions: US will auction 3-month and 6-month bills at 16:30 GMT.
