South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: House price index down 0.2 percent in the third quarter, up 8.3 percent from a year ago. National Australia Bank’s business confidence declines to 6 in November, business conditions decline to 12 from 21.
Upcoming:
- France: Non-farm payroll report for the fourth quarter will be released at 6:30 GMT.
- United Kingdom: UK inflation report including PPI, CPI, RPI, and HPI will be published at 9:30 GMT.
- Germany: December ZEW survey report will be published in December.
- Eurozone: ZEW survey report will be published at 10:00 GMT.
- United States: NFIB business optimism report will be published at 11:00 GMT. Producer price inflation report will be released at 13:30 GMT, followed by the release of the monthly budget report at 19:00 GMT.
- Eurozone: ECB president Draghi is scheduled to speak at 19:00 GMT.
- New Zealand: Food price index will be updated for the month of November at 21:45 GMT.
- Australia: December Westpac consumer confidence report will be released at 23:30 GMT.
- Japan: Machinery orders report will be published at 23:50 GMT.
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