Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Wage price index rose 0.5 percent in the third quarter, up 2 percent from a year ago.
- China: FDI up 1.9 percent y/y in October.
- Japan: Industrial production down 1 percent in September, up 2.6 percent from a year ago.
Upcoming:
- France: Consumer price inflation report will be released at 7:45 GMT.
- United States: Fed’s Evans is scheduled to speak at 8:00 GMT. MBA mortgage applications report will be released at 12:00 GMT, followed by New York Empire State manufacturing report, Consumer price inflation report, and October retail sales report at 13:30 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. U.S. Treasury will report treasury securities inflow report for September.
- United Kingdom: ILO unemployment report will be released at 9:30 GMT. MPC member Haldane is scheduled to speak at 17:30 GMT.
- Eurozone: September trade balance report will be released at 10:00 GMT.
