Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Not many economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Japan: December coincident and leading economic index will be updated at 5:00 GMT.
- Switzerland: Q4 employment report will be released at 8:15 GMT.
- United Kingdom: BoE governor Carney set for a speech at 10:00 GMT.
- United States: Chicago Fed national activity report will be released at 13:30 GMT. Wholesale inventories report will be published at 15:00 GMT. Dallas Fed manufacturing business report will be released at 15:30 GMT. Fed’s Clarida is set for a speech at 16:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT, and 2-year &5-year notes at 18:00 GMT.
