Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings rose by 0.1 percent y/y in October.
- United Kingdom: BRC retail sales figure for October rose by 0.6 percent y/y.
- Australia: Third quarter current account deficit came at 11.4 billion. RBA kept interest rate steady at 1.5 percent.
Upcoming:
- Germany: Factory orders for October will be published at 7:00 GMT.
- Switzerland: Consumer price inflation report will be published at 8:15 GMT.
- Eurozone: Third quarter GDP number will be published at 10:00 GMT.
- United States: October trade balance will be published at 13:30 GMT, along with unit labor cost for third quarter and non-farm productivity, followed by factory orders report at 15:00 GMT. TIPP economic optimism report will be published at 15:00 GMT.
- Canada: October trade balance report will be published at 13:30 GMT, followed by IVEY PMI at 15:00 GMT.
- New Zealand: manufacturing sales report for third quarter will be published at 21:45 GMT. Global dairy auction is scheduled today. RBNZ governor Wheeler is scheduled to speak at 22:00 GMT.
- Australia: AiG performance of construction index will be published at 22:30 GMT.


South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
China Holds Loan Prime Rates Steady in January as Market Expectations Align
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Thailand Inflation Remains Negative for 10th Straight Month in January 



