ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: Wholesale inflation report will be released at 7:00 GMT. Bundesbank President Weidmann is set for a speech at 13:00 GMT.
- Eurozone: ECB President Draghi is set for a speech at 8:30 GMT. CPI inflation report will be released at 10:00 GMT.
- Italy: Industrial sales and orders report for the month of September will be released at 9:00 GMT, followed by September trade balance report at 10:00 GMT, and October CPI inflation report at 11:00 GMT.
- United States: Industrial production report for the month of October will be released at 14:15 GMT. Kansas Fed will release manufacturing activity report at 16:00 GMT.
