Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Third-quarter GDP up 0.6 percent, up 2.8 percent from a year ago.
Upcoming:
- Germany: October factory orders report will be released at 7:00 GMT.
- Switzerland: Consumer price inflation report for November will be released at 8:15 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Markit services PMI report will be released at 9:30 GMT. ECB’s Mersch is set for a speech at 10:30 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. ADP employment report will be released at 13:15 GMT, followed by unit labor costs and non-farm productivity report at 13:30 GMT. TIPP economic optimism report will be released at 15:00 GMT. EIA will release its weekly oil market report at 15:30 GMT.
- Canada: Labor productivity report will be released at 13:30 GMT. BoC will announce interest rate decision at 15:00 GMT.
- Australia: AiG performance of construction index will be released at 22:30 GMT.
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