Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
Asian Stocks Rebound as Trump Delays Iran Strike Deadline 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Asian Stocks Drop Amid Iran War Fears and BOJ Rate Hike Signals 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Lots of economic dockets and events scheduled for today and some with very high volatility risks associated.
Data released so far:
- Australia: New motor vehicle sales declined by 0.6 percent in November, down 1.1 percent from a year ago.
- Japan: Industrial production registered no growth in October, down 1.4 percent from a year ago.
Upcoming:
- France: Consumer price inflation for November will be released at 7:45 GMT.
- Eurozone: ECB would hold non-monetary policy today. Industrial production numbers for October will be released at 10:00 GMT.
- Switzerland: Producer price inflation numbers for November will be released at 8:15 GMT. ZEW survey report will be released at 10:00 GMT.
- Italy: Consumer price inflation numbers for November will be released at 9:00 GMT.
- United Kingdom: unemployment report will be released at 9:30 GMT. BoE governor Carney is scheduled to speak at 12:15 GMT.
- United States: MBA mortgage application data will be reported at 12:00 GMT, followed by retail sales report and producer price inflation numbers at 13:30 GMT. Industrial production data for November will be announced at 14:15 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC will announce interest rate decision at 19:00 GMT.
- New Zealand: Business PMI number will be reported at 21:45 GMT.
