S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
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.
