Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Markit manufacturing PMI rose to 52.2 in November from 51.8 in October.
- Australia: In October building permits declined by 1.5 percent, down 13.4 percent from a year ago. Company gross profits up 1.9 percent q/q in Q3, down from 2.4 percent in Q2.
- China: Caixin manufacturing PMI rose to 50.2 in November.
Upcoming:
- Spain: Markit manufacturing PMI report will be released at 8:15 GMT.
- Switzerland: Real retail sales report will be released at 8:15 GMT, followed by PMI report will be released at 8:30 GMT.
- Italy: Markit manufacturing PMI report for November will be released at 8:45 GMT.
- France: Markit manufacturing PMI report will be released at 8:50 GMT.
- Germany: Markit manufacturing PMI report will be released at 8:55 GMT.
- Eurozone: Markit manufacturing PMI report will be released at 9:00 GMT. Sentix investor confidence report will be released at 9:30 GMT.
- Canada: Markit manufacturing report will be released at 14:30 GMT.
- United States: Markit manufacturing PMI report will be released at 14:45 GMT. ISM manufacturing PMI report will be released at 15:00 GMT. Construction spending report will be released at 15:00 GMT. FOMC member Brainard is set for a speech at 15:30 GMT, and Kaplan at 18:00 GMT.
- Auction: U.S. will auction 3-month, and 6-month bills at 16:30 GMT.
