BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Lots of economic data and events scheduled for today, and some with high volatility risks associated. U.S. market is closed today to honor the passing away of former President George W Bush.
Data released so far:
- Australia: Q3 GDP came at 2.8 percent y/y, lower than the expectation of 3.3 percent and lower than 3.1 percent growth in the last quarter.
- Japan: Markit services PMI decline marginally to 52.3 in November.
- China: Caixin services PMI rose sharply to 53.8 in November.
Upcoming:
- Spain: October industrial output report will be released at 8:00 GMT. Services PMI report will be published at 8:15 GMT.
- Eurozone: ECB president Draghi is set for a speech at 8:30 GMT.
- Italy: Services PMI report will be published at 8:45 GMT.
- France: Services PMI report will be published at 8:50 GMT.
- Germany: Services PMI report will be published at 8:55 GMT.
- Eurozone: Services PMI report will be published at 9:00 GMT, followed by the October retail sales report at 10:00 GMT.
- United States: MBA mortgage application report will be published at 12:00 GMT. Fed’s Quarles is set for a speech at 13:15 GMT. Federal Reserve will release its Beige Book report at 19:00 GMT.
- Canada: Bank of Canada (BoC) will announce rate decision at 15:00 GMT.
