Research Team at TDS, suggests that the minutes to the January 27 FOMC meeting will be released at 14:00 ET. Key Quotes “TD expects that the tone of the minutes should be broadly balanced, highlighting the continued tightening bias while also addressing the increased uncertainty in the outlook. Earlier in the morning we will see January’s housing starts, which are expected to improve to an annualized 1173k from 1149k in December. TD is slightly-below consensus and looks for a print of 1167k, along with a 1.2% m/m decline in building permits (mkt: -0.3% m/m). Meanwhile, industrial production for January is expected to revert to growth following several months of contraction, increasing by a consensus estimate of 0.4% m/m as the capacity utilization rate bounces back to 76.7%; TD expects +0.3% m/m and 76.5%, respectively. Producer prices for January are forecasted to gain 0.1% m/m by the market, while TD looks for a flat reading.” For more information, read our latest forex news.