Guide to today’s important data and events

Lot of economic dockets scheduled for today and some with high risks associated.

Data released so far 

• Australia - Unemployment rate for December came at 5.8%, despite -1000 job gains, due to drop in participation rate.

 Upcoming -  

• China - China might release money supply and loan statistics today.
   
• Japan - Preliminary reading on Machine tools orders to be released at 6:30 GMT.
   
• India - Trade deficit for December might get announced today at 6:30 GMT along with WPI inflation data.
   
• Germany - Germany would announce GDP stat at 9:00 GMT.
   
• Italy - Industrial production for November to be released at 9:00 GMT.
   
• UK - BOE would announce monetary policy decision at 12:00 GMT.
   
• Euro Zone - ECB will release monetary policy minutes at 12:30 GMT.
   
• Portugal - Consumer price index for December to be released today.
   
• US - Weekly initial jobless claims will be released at 13:30 GMT, along with terms of trade. FED's Bullard is scheduled to speak at 13:30 GMT. EIA will release weekly natural gas inventory at 15:30 GMT.
   
• Canada - New housing price index to be released at 13:30 GMT.
   
• New Zealand - Food price index for December to be released at 21:45 GMT.
   
• Auctions - US will auction 30 year bond at 18:00 GMT.