Goldman Sachs Sees Value in European Real Estate Stocks Despite Sharp Selloff 
Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand 
EU and CPTPP Nations Push for Landmark Digital Trade Agreement 
Asian Stocks Drop Amid Iran War Fears and BOJ Rate Hike Signals 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes 
WTO Digital Trade Moratorium Expires Amid Stalled Negotiations 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse 
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.
