Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
England Drought Expands to 71% as Heatwave Deepens Water Crisis 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
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.
