Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms 
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
U.S. Treasury Eyes Private Credit Oversight Through Insurance Regulator Talks 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Lots of data and events today and some with high risks associated.
Data released so far:
- Australia: Trade balance for September came at -1.23 billion. Imports declined by 1 percent, while exports are up by 2 percent.
- New Zealand: ANZ commodity prices grew 0.7 percent in October.
- China: Services PMI grew to 52.4 in October, up from 52 in September.
Upcoming:
- Switzerland: Fourth quarter consumer climate data will be published at 6:45 GMT.
- Spain: Unemployment change for October will be published at 7:00 GMT.
- Italy: Unemployment report for September will be published at 9:00 GMT.
- Eurozone: Economic bulletin will be published at 9:00 GMT, followed by unemployment report at 10:00 GMT.
- United Kingdom: Markit services PMI report will be published at 9:30 GMT. BoE will announce interest rate decision at 12:00 GMT.
- United States: Challenger jobs report will be published at 11:30 GMT, followed by initial jobless claims report and unit labor costs for the third quarter. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI report at 14:00 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT, which will be followed by factory orders data at 15:00 GMT.
