BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
U.S. Public Debt Tops $40 Trillion for First Time 
Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
UK Wage Growth Holds at 3.5% as Unemployment Rises 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
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Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings rose by 0.1 percent y/y in October.
- United Kingdom: BRC retail sales figure for October rose by 0.6 percent y/y.
- Australia: Third quarter current account deficit came at 11.4 billion. RBA kept interest rate steady at 1.5 percent.
Upcoming:
- Germany: Factory orders for October will be published at 7:00 GMT.
- Switzerland: Consumer price inflation report will be published at 8:15 GMT.
- Eurozone: Third quarter GDP number will be published at 10:00 GMT.
- United States: October trade balance will be published at 13:30 GMT, along with unit labor cost for third quarter and non-farm productivity, followed by factory orders report at 15:00 GMT. TIPP economic optimism report will be published at 15:00 GMT.
- Canada: October trade balance report will be published at 13:30 GMT, followed by IVEY PMI at 15:00 GMT.
- New Zealand: manufacturing sales report for third quarter will be published at 21:45 GMT. Global dairy auction is scheduled today. RBNZ governor Wheeler is scheduled to speak at 22:00 GMT.
- Australia: AiG performance of construction index will be published at 22:30 GMT.
