Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Australia: RBA reduced rates by 25 bps at today’s meeting.
Upcoming:
- Germany: Retail sales report for the month of May will be released at 6:00 GMT. Prior 4 percent y/y, expected 2.7 percent.
- United Kingdom: Nationwide house price report will be published at 6:00 GMT, followed by the construction PMI report at 8:30 GMT. BRC shop price report due at 23:00 GMT.
- France: Budget report for the month of May will be released at 6:45 GMT.
- Spain: June unemployment report due at 7:00 GMT.
- Eurozone: PPI inflation report will be released at 9:00 GMT.
- Australia: RBA Governor Lowe’s speech due at 9:30 GMT. AiG Performance of Services report to be published at 22:30 GMT.
- United States: FOMC member Williams’s speech due at 10:30 GMT. ISM New York report is due at 13:45 GMT. Vehicle sales report will be published at 19:30 GMT.
- New Zealand: Global dairy auction is scheduled for today.


Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
UK Raises Deposit Protection Limit to £120,000 to Strengthen Saver Confidence
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate 



