Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Gold Price Hits Two-Month High as Investors Await US Inflation Data 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
Lots of economic data and events scheduled for today but all with low to medium risks associated.
Upcoming:
- Japan: Eco watchers’ survey for December will be published at 5:00 GMT. Trade balance for December will be published at 23:50 GMT.
- Spain: Industrial output for November will be published at 8:00 GMT.
- United Kingdom: Trade balance for November will be published at 9:30 GMT, along with industrial and manufacturing production details for the month. NIESR will release GDP estimate for 3 months to December at 15:00 GMT.
- Greece: CPI stat for December at 10:00 GMT.
- Eurozone: Industrial production numbers for November will be published at 10:00 GMT. ECB will release minutes at 12:30 GMT.
- United States: MBA mortgage applications and related data will be published at 12:00 GMT. EIA will release crude oil weekly inventory report at 15:30 GMT. US President elect Donald Trump will hold his first press conference since the win at 16:00 GMT.
- Canada: Housing starts figure will be released at 13:15 GMT, followed by building permits data at 13:30 GMT.
- Auctions: US will auction 1-month bills at 16:30 GMT and 3-year notes at 18:00 GMT.
