| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 00:30 | Australia | Trade Balance | December | 13.475 | 12.5 | 12.237 |
| 03:30 | Australia | Announcement of the RBA decision on the discount rate | | 3.1% | 3.35% | 3.35% |
| 05:00 | Japan | Leading Economic Index | December | 97.7 | 97 | 97.2 |
| 05:00 | Japan | Coincident Index | December | 99.3 | | 98.9 |
| 06:45 | Switzerland | Unemployment Rate (non s.a.) | January | 2.1% | 2.2% | 2.2% |
| 07:00 | United Kingdom | Halifax house price index 3m Y/Y | January | 2.1% | -0.3% | 1.9% |
| 07:00 | United Kingdom | Halifax house price index | January | -1.3% | -0.8% | 0% |
| 07:00 | Germany | Industrial Production s.a. (MoM) | December | 0.4% | -0.7% | -3.1% |
| 07:45 | France | Trade Balance, bln | December | -13.77 | -12.2 | -14.93 |
| 08:00 | Switzerland | Foreign Currency Reserves | January | 784.006 | | 784.404 |
During today's Asian trading, the US dollar declined slightly against major currencies, following a solid advance yesterday.
The US Dollar Currency Index (DXY), which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) fell by 0.11% to 103.51. Yesterday the index rose by 0.49%. Meanwhile, the euro fell 0.7% against the dollar, and the pound fell 0.3%. The strengthening of the US currency was facilitated by strong data on the US labor market for January, which showed that the Federal Reserve System (Fed) has enough room to maneuver in terms of further tightening of monetary policy.
The president of the Federal Reserve Bank of Atlanta, Rafael Bostic, said on Monday that the Fed will probably have to raise the rate higher than previously expected, as economic activity in the United States slows down slightly. "It's going to mean we have to do a little more work," Bostic said. "And I think the Fed will have to raise the rate higher than I predict at the moment."
Traders are waiting for new signals from the Chairman of the Federal Reserve System Jerome Powell, who will speak at the Economic Club of Washington today.
The yen rose by 0.5% against the US dollar after falling by more than 1% yesterday amid reports from the Nikkei newspaper that the Japanese government is offering the position of head of the Central Bank to the current deputy Haruhiko Kuroda, who is retiring in April. Masayoshi Amamiya has been Kuroda's deputy since 2018 and is considered one of the authors of the ultra-soft policy of the Bank of Japan. Experts believe that his appointment as head of the Central Bank increases the chances of maintaining the current approach to monetary policy.