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Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Not many economic dockets scheduled for today and all with low to medium risks associated. Focus is on FOMC minutes
Data released so far -
- Australia - RBA foreign exchange transaction for October came at $516 million compared to $712 million in September.
- Japan - BOJ kept monetary policy unchanged.
- Switzerland - Swiss Trade balance moved higher at 4.156 billion in October.
Upcoming -
- Germany - German Bundesbank president Jen Weidmann scheduled to speak at 8:00 GMT.
- Euro Zone - Current account for September to be released at 9:00 GMT. European central bank would release monetary policy minutes at 12:30 GMT.
- UK - Retail sales for October to be released at 9:30 GMT. Conference board industrial survey to be released at 11:00 GMT.
- Portugal - Will announce current account balance today.
- Canada - Wholesale sales for September to be released at 13:30 GMT. Bank of Canada (BOC) will release review at 15:30 GMT.
- US - Weekly initial jobless claims to be released at 13:30 GMT, followed by CB leading indicator and Philadelphia FED manufacturing survey at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT. Two FED speakers today, Lockhart at 15:30 GMT, Stanley Fisher at 21:45 GMT.
