German Industry Employment Falls to Lowest Level in a Decade 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Trump Questions USMCA Renewal as Trade Talks Continue 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Data released so far:
- Australia: Construction work done declined by 4.9 percent in the third quarter.
- China: MNI business sentiment indicator rose to 53.1 in November from 52.2 prior.
Upcoming:
- France: Flash manufacturing and services PMI will be released at 8:00 GMT.
- Germany: Flash manufacturing and services PMI report will be released at 8:30 GMT.
- Eurozone: Flash manufacturing and services PMI report will be released at 9:00 GMT.
- United Kingdom: Autumn budget statement is scheduled today.
- United States: MBA mortgage application data will be released at 12:00 GMT, followed by weekly jobless claims report and durable goods orders at 13:30 GMT. House price index data will be published at 14:00 GMT and flash manufacturing PMI at 14:45 GMT. Michigan consumer sentiment report will be published at 15:00 GMT, along with new home sales report. EIA will release weekly crude oil inventory report at 15:30 GMT and weekly natural gas inventory report at 17:00 GMT. FOMC will release minutes at 19:00 GMT.
- Auction: Germany will auction 10-year bonds today.
