Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
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.
