EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Lots of data and events today and some with high risks associated.
Data released so far:
- Japan: Markit services PMI for October rose to 50.5
- Australia: Retail sales rose by 0.6 percent in September.
Upcoming:
- Spain: Markit services PMI will be released at 8:15 GMT.
- Italy: Markit services PMI will be released at 8:45 GMT.
- France: Markit services PMI will be released at 8:50 GMT.
- Germany: Markit services PMI will be released at 8:55 GMT.
- Eurozone: Markit services PMI report will be published at 9:00 GMT, followed by producer price inflation numbers for September at 10:00 GMT.
- Canada: Unemployment report for October and trade balance for September will be released at 12:30 GMT.
- United States: NFP report for October and trade balance report for September will be published at 12:30 GMT.
