Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence marginally declined to 20.5 in November. ANZ activity outlook marginally declined to 37.6 percent.
- United Kingdom: GFK consumer confidence for November came at -8.
- Australia: Building permits for October declined by 12.6 percent, down 24.9 percent from a year back. Private sector credit growth in September came at 0.5 percent
Upcoming:
- Japan: Vehicle production for October, Housing starts, and construction orders; all will be reported at 5:00 GMT.
- Germany: Retail sales data for October will be released at 7:00 GMT. Germany will announce unemployment change for November at 8:45 GMT.
- United Kingdom: BoE will release financial stability report including banks’ stress test results at 7:00 GMT.
- Switzerland: UBS consumption indicator will be published at 7:00 GMT. KOF leading indicator for November will be published at 8:00 GMT.
- France: Producer and consumer price inflation figure for October will be announced at 7:45 GMT.
- Spain: Retail sales for October and current account balance numbers for September will be released at 8:00 GMT.
- Italy: Consumer price inflation numbers will be announced at 10:00 GMT. Followed by producer price inflation at 11:00 GMT.
- Greece: Retail sales for September and producer price inflation for October will be announced at 10:00 GMT.
- Eurozone: Consumer price inflation report will be released at 10:00 GMT.
- United States: MBA mortgage application will be released at 12:00 GMT, followed by ADP employment report at 13:15 GMT and personal income and spending data at 13:30 GMT. Chicago PMI report will be released at 14:45 GMT, followed by pending home sales for October at 15:00 GMT. EIA will release crude oil inventory report at 15:30 GMT. Fed will release beige book at 19:00 GMT. FOMC member Powell is scheduled to speak at 16:45 GMT.
- Canada: Raw material price, industrial product price, and third quarter GDP figure; all will be released at 13:30 GMT.
- New Zealand: Third quarter terms of trade report will be released at 21:45 GMT.
- Australia: AiG performance of manufacturing index will be published at 22:30 GMT.
