Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
ECB Rate Hike in Focus as Oil Tops $100 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Yen Extends Gains as BOJ Rate Hike Bets Rise 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
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Not many economic data and events scheduled for today as the United States is on a holiday, and all with low to medium volatility risks associated.
Upcoming:
- Japan: October Machine tools orders report will be released at 6:00 GMT.
- France: Q3 ILO unemployment report will be released at 6:30 GMT.
- Italy: September industrial production report will be released at 9:00 GMT.
- United States: Federal Reserve’s Daly is set for a speech at 19:30 GMT.
- New Zealand: Food price report will be released at 21:45 GMT.
