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.


Oil Prices Fall as Russia Signals Higher Diesel Exports
Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise
US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings
Philippines Current Account Deficit Seen at $19.1 Billion in 2026
Fed’s Williams Signals One More Rate Hike Before Year-End
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
US Dollar Near 18-Month High Ahead of Inflation Data
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 



