RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike 
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.
