Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
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Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Germany: November import price inflation report will be released at 7:00 GMT. GFK consumer confidence report will be released at 7:00 GMT.
- France: Producer price inflation report will be released at 7:45 GMT.
- Switzerland: KOF leading indicator will be updated at 8:00 GMT.
- Italy: Consumer and business confidence will be reported at 9:00 GMT, followed by industrial sales and orders report at 10:00 GMT, and trade balance at 11:00 GMT.
- United Kingdom: Third-quarter GDP report will be released at 9:30 GMT.
- United States: Personal consumption and expenditure report will be released at 13:30 GMT, along with durable goods order report, and followed by Michigan consumer sentiment at 14:00 GMT and Kansas Fed manufacturing report at 15:00 GMT. New home sales report will be released at 15:00 GMT.
- Canada: GDP report for October will be released at 13:30 GMT, along with CPI inflation report.
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