The dollar's broad consolidation, following last week's fluctuations, persists, with a slightly softer performance today, except against the yen in the G10 currencies. Tomorrow's focus is on the US CPI.

Japanese stocks continue their rally, lifting the Nikkei to new highs, while other major Asian bourses decline. Europe's Stoxx 600 remains steady, and US index futures show a modestly firmer bias.

Gold trades within the $2025-$2040 range. February WTI hovers just below $72.75.

Asia Pacific
Japan reports a smaller-than-expected rise in Tokyo's December CPI and weaker household spending. Labor's cash earnings see a meager 0.2% YoY increase.
Australia's CPI falls to 4.3% YoY in November.

The dollar tests the 200-day moving average against the yen but recovers to new session highs.
The Australian dollar finds support in the $0.6675-80 area.

Europe
Germany reports a 0.7% drop in November industrial output, while France shows a 0.5% gain in industrial production, ending a three-month decline.
The euro remains within the range set after the US employment data.

America
In America, focus turns to tomorrow's US December CPI report. Today's final November wholesale inventory report is more for economists than market participants. NY Fed President Williams discusses the 2024 economic outlook.

Canada reports a smaller-than-expected goods surplus for November, turning a trade deficit into a small surplus for the first 11 months of 2023.
The greenback posts a higher high for the third consecutive session.