Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Australia Bans Card Payment Surcharges Starting October 2025 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
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.
