U.S. Public Debt Tops $40 Trillion for First Time 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
UK Wage Growth Holds at 3.5% as Unemployment Rises 
US Treasury Buybacks Ease Global Bond Yield Surge 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
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Lots of economic dockets and events scheduled for today but all with low to medium risks associated.
Data released so far:
Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year ago. New motor vehicle sales declined 2.4 percent in October, up 1.2 percent from a year back.
Upcoming:
- United States: Fed’s Bullard is scheduled to speak at 8:00 GMT. MBA mortgage applications will be released at 12:00 GMT. Producer price index for October will be released at 13:30 GMT, followed by Industrial production report at 14:15 GMT. NAHB housing market report will be released at 15:00 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC member Harker is scheduled to speak at 22:30 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Unemployment report will be published at 9:30 GMT. CB leading economic index will be released at 14:30 GMT.
- Switzerland: Zew survey report will be published at 10:00 GMT.
- Canada: Manufacturing shipments for September will be released at 13:30 GMT.
- New Zealand: RBNZ financial stability report will be released at 20:00 GMT. Producer price index for the third quarter will be released at 21:45 GMT, along with retail sales at 21:45 GMT.
