RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Not many economic data and events scheduled for today, and all with low to medium volatility risks
Upcoming:
- Japan: All industry activity index will be updated at 4:30 GMT.
- Germany: November producer price inflation report will be released at 7:00 GMT.
- Eurozone: October current account output report will be released at 9:00 GMT.
- United Kingdom: CBI industrial trade survey report will be released at 11:00 GMT. BoE governor Carney is scheduled to speak at 11:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Existing home sales report for November will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT.
- Canada: Wholesale sales report for October will be released at 13:30 GMT.
- New Zealand: Third quarter GDP report will be released at 21:45 GMT.
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