U.S. Treasury Eyes Private Credit Oversight Through Insurance Regulator Talks 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears 
NASDAQ Tech Selloff: Correction or Collapse? What Analysts Are Saying 
Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Asian Stocks Rebound as Trump Delays Iran Strike Deadline 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for November came at A$1.243 billion.
- Japan: Labor cash earnings rose by 0.2 percent y/y in November.
Upcoming:
- Germany: Factory orders for November will be released at 7:00 GMT, along with retail sales.
- Switzerland: December forex reserve data will be published at 8:00 GMT.
- Eurozone: Confidence data for December will be released at 10:00 GMT, along with retail sales report.
- United States: Trade balance for November will be published at 13:30 GMT, along with NFP report for December, followed by November factory orders and durable goods orders at 15:00 GMT. Fed’s Evans is scheduled to speak on economy and policy at 17:15 GMT. Fed’s Lacker is scheduled to speak at Maryland Bankers’ association at 18:00 GMT.
- Canada: Payroll report for December will be released at 13:30 GMT.
