Oil Prices Ease as US-Iran Tensions Keep Brent on Track for Weekly Gain 
US Plans ‘Toughest Sanctions in History’ on Iran, Bessent Says 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
US Treasury Doubles Long-Term Bond Buybacks as Yields Surge 
Gold Holds Near Two-Month High as Treasury Yields Fall 
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief 
US Treasury Buybacks Ease Global Bond Yield Surge 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
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Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: New motor vehicle sales flat for October, up 1 percent from a year ago.
Upcoming:
- Eurozone: ECB President Draghi is set for a speech at 8:30 GMT. September current account report will be published at 9:00 GMT, followed by September construction output report at 10:00 GMT.
- Germany: Bundesbank President Jens Weidmann is set for a speech at 13:00 GMT.
- United States: Housing starts and building permits report will be released at 13:30 GMT. Kansas Fed manufacturing report will be published at 15:00 GMT.
- Canada: Consumer price inflation report will be published at 13:30 GMT.
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