Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Third quarter house price index rose by 1.5 percent, up 3.5 percent from a year ago. National Australia Business confidence and conditions came at 5 for November.
- China: Retail sales rose by 10.8 percent y/y in November. Industrial production rose by 6.2 percent y/y and urban investments rose by 8.3 percent y/y.
Upcoming:
- Germany: Consumer price inflation numbers will be released at 7:00 GMT, followed by Zew survey report at 10:00 GMT.
- Spain: Inflation numbers for November will be reported at 8:00 GMT.
- Italy: Industrial output for October will be reported at 9:00 GMT.
- United Kingdom: Inflation numbers that include RPI, CPI, PPI, and HPI will be released at 9:30 GMT.
- Eurozone: Employment change report for third quarter and Zew survey for December will be released at 10:00 GMT.
- United States: NFIB business optimism index, and terms of trade for November will be released at 11:00 GMT and 13:30 GMT respectively.
- Australia: Westpac consumer confidence report for December will be released at 23:30 GMT.
- Japan: Tankan manufacturing survey for third quarter will be released at 23:50 GMT.
- Auction: Spain will auction 3-month and 9-month letras today. Germany will auction 30-year bund. US will auction 1-month bills at 16:30 GMT, and 30-year bond at 18:00 GMT.
