BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Not many economic dockets scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: National Australia Bank’s business confidence rose to 5 in the third quarter. Full time employment declined by 53,000 and part time employment grew by 43,200. So net employment declined by 9,800. Unemployment rate came at 5.6 percent.
Upcoming:
- Germany: Producer price index for September will be released at 6:00 GMT.
- Switzerland: Trade balance for September will be released at 6:00 GMT.
- Eurozone: Current account for August will be released at 8:00 GMT. ECB will announce interest rate decision at 11:45 GMT, followed by press conference at 12:30 GMT.
- United Kingdom: Retail sales for report for September will be released at 8:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, followed by existing home sales report at 14:00 GMT. EIA will report on weekly natural gas inventories at 14:30 GMT.
- Auctions: Spain will auction 10 year bonds today.
