Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Lots of economic data and events scheduled for today But all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits up 7 percent in November, down 4.8 percent from a year ago. ANZ job advertisements declined by 1.9 percent in December.
- China: Forex reserve declined to $3.011 trillion.
Upcoming:
- Germany: Industrial production and trade balance for November will be reported at 7:00 GMT.
- Switzerland: Real retail sales figure for November will be released at 8:15 GMT.
- United Kingdom: Halifax house prices for December will be reported at 8:30 GMT.
- Italy: Italy will release unemployment report at 9:00 GMT.
- Eurozone: Sentix investor confidence report will be published at 9:30 GMT, followed by unemployment report at 10:00 GMT.
- United States: Boston Fed President Rosengren is scheduled to speak at 14:00 GMT. Labor market condition index will be published at 15:00 GMT. Fed’s Lockhart is scheduled to speak at 17:45 GMT
- Canada: Bank of Canada will release its business outlook survey report at 15:30 GMT.
- Auctions: US will auction 3-month and 6-month bills at 16:30 GMT.
