Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 1.5 percent y/y in October.
Upcoming:
- OPEC: OPEC and non-OPEC countries to hold a meeting in Vienna to discuss supply cuts.
- Germany: Industrial production report will be published at 7:00 GMT. CDU will vote to choose its new leader as Merkel steps down.
- France: Trade balance report will be released at 7:45 GMT, along with October industrial output report at 8:00 GMT.
- China: Forex reserve details will be published at 8:00 GMT.
- United Kingdom: Halifax house price report will be published at 8:30 GMT, followed by consumer inflation expectations at 9:30 GMT.
- Italy: Retail sales report will be published at 9:00 GMT.
- Eurozone: Q3 GDP report will be published at 10:00 GMT.
- United States: NFP report will be published at 13:30 GMT, followed by the release of Michigan consumer sentiment report 15:00 GMT. EIA will publish its natural gas inventory report at 15:30 GMT.
- Canada: November unemployment report will be published at 13:30 GMT.
