Bessent Presses Japan on Fiscal Policy as Yen Struggles 
Asian Stocks Rise After Fed Rate Hike 
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
South Korea Producer Prices Rise 0.2% in August 
Gold Prices Rise as Oil and Treasury Yields Fall 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
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The Eurozone economy is subjected to a wide array of downside risks, concerning uncertainty over the new President-elect Donald Trump’s administration and its possible consequences for EU skepticism in the euro area.
Consumer confidence remains an important factor while determining the area’s risk appetite. Consumer confidence has so far been resilient to the UK's vote to leave the EU and the still low oil price and continuing employment growth support consumer confidence.
The consumer confidence index for the month of November, due to be released today is expected to deteriorate, from the already negative index. Consumer confidence improved to -8 in October versus August; however, it is not certain that the positive trend will continue.
Meanwhile, EUR/USD is trading 0.13 percent up at 1.06, while at 79:00GMT, the FxWirePro's Hourly EUR Strength Index remained neutral at 21.24 (lower than the -75 benchmark for bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
