Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Lots of economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- New Zealand: ANZ business confidence rose sharply to 20.2 in May from 11.3 in April. ANZ activity outlook improved to 35.1 percent. M3 money supply rose by 7.3 percent in May, down from 7.8 percent in April on yearly basis.
- Australia: Private sector credit up 6.5 percent in May on yearly basis, down from 6.7 percent.
Upcoming:
- Germany: Retail sales for May will be released at 6:00 GMT.
- France: Consumer spending report and CPI data will be released at 6:45 GMT.
- Switzerland: KOF leading indicator will be published at
- Spain: Current account balance for April will be released at 7:00 GMT, followed by unemployment change at 7:55 GMT.
- Italy: Italy will announce debt to GDP ratio for first quarter at 8:00 GMT. HICP inflation for June will be reported at 9:00 GMT.
- United Kingdom: First quarter GDP report will be published at 8:30 GMT.
- Greece: Retail sales for April and Consumer price index for May will be released at 9:00 GMT and producer price index at 10:00 GMT.
- Eurozone: ECB will release monetary policy minutes at 11:30 GMT.
- Canada: Raw material price and industrial price for May will be published at 12:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, followed by Chicago PMI at 13:45 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Japan: Consumer price index report both national and Tokyo will be released at 23:30 GMT, along with household spending and unemployment rate. Tankan industrial report will be published at 23:50 GMT.
- Australia: AIG performance of manufacturing index will be announced at 23:30 GMT.
- Auction: United States will auction 5 year and 7 year note at 17:00 GMT.
