Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Lots of economic dockets and events scheduled for today but all with low to medium risks associated.
Data released so far:
Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year ago. New motor vehicle sales declined 2.4 percent in October, up 1.2 percent from a year back.
Upcoming:
- United States: Fed’s Bullard is scheduled to speak at 8:00 GMT. MBA mortgage applications will be released at 12:00 GMT. Producer price index for October will be released at 13:30 GMT, followed by Industrial production report at 14:15 GMT. NAHB housing market report will be released at 15:00 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC member Harker is scheduled to speak at 22:30 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Unemployment report will be published at 9:30 GMT. CB leading economic index will be released at 14:30 GMT.
- Switzerland: Zew survey report will be published at 10:00 GMT.
- Canada: Manufacturing shipments for September will be released at 13:30 GMT.
- New Zealand: RBNZ financial stability report will be released at 20:00 GMT. Producer price index for the third quarter will be released at 21:45 GMT, along with retail sales at 21:45 GMT.
