Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
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 $105 million.
Upcoming:
- Japan: Leading economic index and coincident index will be updated at 5:00 GMT. Third quarter GDP data will be released at 23:50 GMT, along with October trade balance report.
- Switzerland: November unemployment report will be published at 6:45 GMT. SNB will release Forex reserve details at 7:00 GMT.
- Germany: industrial production report for October will be released at 7:00 GMT.
- France: October trade balance report will be published at 7:45 GMT.
- United Kingdom: Halifax house price report will be released at 9:30 GMT.
- Greece: September unemployment report will be released at 10:00 GMT.
- Eurozone: Third-quarter GDP report will be released at 10:00 GMT. ECB President Draghi is set for a speech at 16:00 GMT.
- United States: Challenger jobs report will be released at 12:30 GMT, followed by weekly jobless claims report at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: October building permits report will be released at 13:30 GMT, followed by the release of November IVEY PMI report at 15:00 GMT.
- New Zealand: Third quarter manufacturing sales report will be released at 21:45 GMT.
- Auctions: Spain will auction 5-year and 10-year bond today. The UK will auction 30-year bond and France will auction 10-year bond.
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