Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
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.
