Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise 
US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence 
U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets 
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
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.
