Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: RBA kept the policy rate unchanged at 150 bps at today’s meeting. Q3 current account balance came at -$10.7 billion.
Upcoming:
- France: October budget details will be released at 7:45 GMT.
- Spain: November unemployment change report will be released at 8:00 GMT.
- Switzerland: CPI inflation report will be released at 8:15 GMT.
- United Kingdom: ECJ might release its opinion on Brexit case today. BoE’s governor Carney is set for a speech at 9:15 GMT. Construction PMI report will be released at 9:30 GMT. MPC member Vlieghee is set for a speech at 18:00 GMT.
- Eurozone: PPI inflation report for the month of October will be released at 10:00 GMT. Expected 4.5 percent y/y.
- Canada: Q3 labor productivity report will be released at 13:30 GMT.
- United States: ISM New York report will be released at 14:45 GMT. FOMC member Williams is set for a speech at 15:00 GMT.
- Auction: U.S. will auction 1-month, and 12-month bills at 16:30 GMT.


Fed’s Williams Signals One More Rate Hike Before Year-End
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets
Fed Unveils Stablecoin Rules Under GENIUS Act
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks
BOJ Raises Interest Rate to 31-Year High as Yen Weakens
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 



