European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: House price index down 0.2 percent in the third quarter, up 8.3 percent from a year ago. National Australia Bank’s business confidence declines to 6 in November, business conditions decline to 12 from 21.
Upcoming:
- France: Non-farm payroll report for the fourth quarter will be released at 6:30 GMT.
- United Kingdom: UK inflation report including PPI, CPI, RPI, and HPI will be published at 9:30 GMT.
- Germany: December ZEW survey report will be published in December.
- Eurozone: ZEW survey report will be published at 10:00 GMT.
- United States: NFIB business optimism report will be published at 11:00 GMT. Producer price inflation report will be released at 13:30 GMT, followed by the release of the monthly budget report at 19:00 GMT.
- Eurozone: ECB president Draghi is scheduled to speak at 19:00 GMT.
- New Zealand: Food price index will be updated for the month of November at 21:45 GMT.
- Australia: December Westpac consumer confidence report will be released at 23:30 GMT.
- Japan: Machinery orders report will be published at 23:50 GMT.
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