Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Trump Faces Uphill Battle Seeking China’s Help on Iran Conflict 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Prices Hold Steady as Investors Monitor U.S.-Iran Tensions and Trump-Xi Summit 
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Upcoming:
- Germany: Third quarter flash GDP numbers will be released at 7:00 GMT. Zew survey report for November will be published at 10:00 GMT.
- France: Consumer price inflation numbers for October will be published at 7:45 GMT.
- Spain: Spain will release its HICP inflation data at 8:00 GMT.
- Italy: Third quarter flash GDP will be published at 9:00 GMT.
- United Kingdom: Inflation numbers that include RPI, CPI, PPI, and HPI will be published at 9:30 GMT.
- Eurozone: Trade balance figure for September will be released at 10:00 GMT along with survey report and third quarter flash GDP estimate.
- Portugal: Third quarter flash GDPO estimate will be released today.
- United States: New York empire state manufacturing index will be released at 13:30 GMT, along with retail sales report and terms of trade for October. Redbook index will be published at 13:55 GMT. Fed’s Rosengren is scheduled to speak at 12:30 GMT. Fed’s Stanley Fischer is scheduled to speak at 18:30 GMT.
- New Zealand: Global dairy auction is scheduled today. Retail sales report for third quarter will be released at 18:30 GMT.
