Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
UK Raises Deposit Protection Limit to £120,000 to Strengthen Saver Confidence 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
BOJ Signals Possible December Rate Hike as Yen Weakness Raises Inflation Risks 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- Switzerland: December trade balance report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT.
- Eurozone: December trade balance report will be released at 9:00 GMT, followed by the ZEW economic sentiment report at 10:00 GMT. ECB’s chief economist Peter Praet is set for a speech at 15:00 GMT.
- United Kingdom: ILO unemployment report will be published at 9:30 GMT.
- Germany: ZEW sentiment survey report will be released at 10:00 GMT.
- United States: NAHB house price report will be published at 15:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT.
