BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: PPI inflation report for the month of May will be released at 6:00 GMT. Prior 2.5 percent y/y, expected 2.1 percent.
- Italy: Trade balance report due at 8:00 GMT.
- Eurozone: April current account balance report due at 8:00 GMT, followed by construction output report at 9:00 GMT. ECB President Draghi’s speech due at 14:00 GMT.
- United Kingdom: Inflation reports including RPI, CPI, PPI, and HPI will be released at 8:30 GMT. CBI will release its industrial trend survey report at 10:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. Federal Reserve will announce monetary policy decision and will release projection materials at 18:00 GMT.
- Canada: CPI inflation report will be released at 12:30 GMT.
- New Zealand: Q1 GDP report due at 22:45 GMT.
