BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Investment lending for homes up by 0.7 percent in October while home loans are down 0.8 percent..
- China: Consumer price inflation rose by 2.3 percent y/y in November, while producer price inflation is up 3.3 percent.
Upcoming:
- Switzerland: Unemployment report for November will be published at 6:45 GMT.
- Germany: Trade balance report for October will be published at 7:00 GMT.
- France: Industrial output figure for October and budget details will be published at 7:45 GMT.
- United Kingdom: Trade balance for October will be published at 9:30 GMT.
- Greece: Consumer price inflation for November and industrial production number for October will be published at 10:00 GMT.
- Portugal: Trade balance report will be released today.
- United States: Michigan consumer sentiment report will be published at 15:00 GMT.
