WTO Digital Trade Moratorium Expires Amid Stalled Negotiations 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand 
Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears 
Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Not many economic dockets scheduled for today and all with low to medium risks associated.
Upcoming:
- Switzerland: Trade balance data for October will be reported at 7:00 GMT.
- United Kingdom: Public sector net borrowing data for October will be reported at 9:30 GMT. CBI industrial survey report will be published at 11:00 GMT.
- Canada: Retail sales data for September will be released at 13:30 GMT.
- United States: Redbook index will be published at 13:55 GMT, followed by existing home sales report and Richmond Fed manufacturing report at 15:00 GMT.
- Eurozone: Consumer confidence report will be published at 15:00 GMT.
- Auction: US will auction 1-month bills at 16:30 GMT and 5-year note at 18:00 GMT. Spain will auction 3-month and 9-month bonds today.
