Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop prices in November declined by 1.7 percent y/y.
- Australia: Third quarter GDP is down 0.5 percent, up 1.8 percent from a year ago.
Upcoming:
- China: Forex reserve data might get released today.
- Japan: Leading economic index and coincident index will be published at 5:00 GMT.
- Germany: Industrial production figure for October will be published at 7:00 GMT.
- France: trade balance figures for October will be released at 7:45 GMT.
- United Kingdom: Halifax house prices report for November will be published at 8:30 GMT, followed by manufacturing and industrial production numbers for October at 9:30 GMT. NIESR will release GDP estimate at 15:00 GMT.
- Switzerland: Forex reserve details will be published at 8:00 GMT.
- United States: MBA mortgage applications data will be published at 12:00 GMT, followed by JOLTS job reports at 15:00 GMT, and Consumer credit at 20:00 GMT.
- Canada: BoC will announce interest rate decision at 15:00 GMT.
- Japan: Third quarter GDP data will be announced at 23:50 GMT.
- Auctions: UK and Germany will auction 30-year bonds today. Spain will auction 56-month and 12-month bonds.
