Trump Questions USMCA Renewal as Trade Talks Continue 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
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.
