Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: October trade balance came at $2.32 billion, with exports rising by 3 percent and imports rising by 1 percent. Retail sales rose by 0.3 percent in October.
Upcoming:
- Germany: Factory orders report will be published at 7:00 GMT.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by ADP employment report at 13:15 GMT and weekly jobless claims report at 13:30 GMT. ISM non-manufacturing PMI report will be released at 15:00 GMT, along with October factory orders report. EIA will release weekly crude oil and natural gas inventory report at 15:30 GMT. FOMC member Bostic is set for a speech at 17:15 GMT, and Williams at 23:30 GMT, and Chair Powell at 23:45 GMT.
- Canada: Trade balance report will be released at 13:30 GMT. BoC governor Poloz is set for a speech at 13:50 GMT.
- Japan: Household spending report will be published at 23:30 GMT.
- Auction: The U.S. will auction 1-month bills at 16:30 GMT.
