Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: National Australia Bank’s business condition index declines to 11 in November from 13 and business confidence index declined to 3 from 5. House price index down 1.9 percent y/y in Q3.
Upcoming:
- Japan: Machine tools order report will be released at 6:00 GMT. Domestic corporate goods price index will be updated at 23:30 GMT, along with the release of the Machinery orders report.
- United Kingdom: ILO unemployment report will be published at 9:30 GMT.
- Germany: Zew Survey report will be released at 10:00 GMT.
- Eurozone: Zew survey report will be released at 10:00 GMT.
- United States: NFIB business confidence report will be published at 11:00 GMT, followed by the PPI inflation report at 13:30 GMT.
- Australia: Westpac consumer confidence report will be published at 23:30 GMT.
- Auction: The U.S. will auction 3-year and 10-year bonds at 16:30 GMT.
