Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
BOJ Governor Ueda Warns Oil Price Shock Could Trigger Persistent Inflation 
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.
