BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
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.
