U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse 
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
EU and CPTPP Nations Push for Landmark Digital Trade Agreement 
Gold Prices Inch Higher Amid U.S.-Iran War Tensions and Technical Rebound 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
U.S. Treasury Eyes Private Credit Oversight Through Insurance Regulator Talks 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
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.
