Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- OPEC's two-day meeting begins today.
- Switzerland: May trade balance report will be released at 6:00 GMT. SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Public sector net borrowing report will be released at 8:30 GMT.
- Germany: Bundesbank President Weidmann is set for a speech at 9:45 GMT.
- United Kingdom: CBI industrial survey report will be released at 10:00 GMT. Bank of England (BoE) will announce rate decision at 11:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with Philadelphia Fed manufacturing report. April house price report will be released at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. U.S. Fed will release bank stress test result today.
- Canada: ADP employment report will be released at 12:30 GMT, along with wholesale sales report.
- Eurozone: Consumer confidence report will be released at 14:00 GMT.
- Japan: CPI inflation report will be released at 23:30 GMT.


Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 



