South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar 
Gold Prices Steady Ahead of Trump-Xi Meeting as Inflation and Oil Concerns Persist 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
New Zealand Budget 2026 Focuses on Fiscal Discipline and Infrastructure Investment 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit 
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.
