RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Germany: Import price index for October will be released at 7:00 GMT. HICP inflation numbers will be released at 13:00 GMT.
- France: Consumer spending for October and third quarter GDP figure will be released at 7:45 GMT.
- Spain: Flash HICP inflation numbers will be released at 8:00 GMT.
- Switzerland: Third quarter employment numbers will be released at 8:15 GMT.
- Italy: Consumer confidence report for October will be released at 9:00 GMT.
- United Kingdom: Net lending to individuals, consumer credit, and money supply statistics; all will be reported at 9:30 GMT.
- Greece: Third quarter GDP number will be announced at 10:00 GMT.
- Eurozone: November sentiment report will be released at 10:00 GMT.
- United States: Third quarter flash GDP number will be published at 13:30 GMT, followed by Redbook index at 13:55 GMT and S&P-Case/Shiller home prices report at 14:00 GMT. November consumer confidence report will be released at 15:00 GMT. Fed’s William Dudley is scheduled to speak at 14:15 GMT. FOMC member Powell is scheduled to speak at 17:40 GMT.
- New Zealand: RBNZ will release financial stability report at 20:00 GMT.
- Japan: Industrial production figure at 23:50 GMT.
