RBA Holds Rates but Warns of Rising Inflation Pressures 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Sizable numbers of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: GFK consumer confidence for December marginally improved to -7 from -8 in the previous month.
- New Zealand: M3 money supply rose by 5.9 percent y/y in November.
Upcoming:
- Germany: Import price index data for November will be reported at 7:00 GMT.
- Italy: Industrial sales and orders numbers for October will be declared at 9:00 GMT.
- Eurozone: ECB will publish economic bulletin at 9:00 GMT, followed by retail sales report for October at 10:00 GMT.
- United States: Chicago Fed national activity index for November will be released at 13:30 GMT, along with personal income/spending report, durable goods report, and third quarter GDP report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Kansas Fed will release the manufacturing activity report at 16:00 GMT.
- Canada: Retail sales report for October will be announced at 13:30 GMT, along with consumer price inflation numbers for November.
