Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: October trade balance came at $2.32 billion, with exports rising by 3 percent and imports rising by 1 percent. Retail sales rose by 0.3 percent in October.
Upcoming:
- Germany: Factory orders report will be published at 7:00 GMT.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by ADP employment report at 13:15 GMT and weekly jobless claims report at 13:30 GMT. ISM non-manufacturing PMI report will be released at 15:00 GMT, along with October factory orders report. EIA will release weekly crude oil and natural gas inventory report at 15:30 GMT. FOMC member Bostic is set for a speech at 17:15 GMT, and Williams at 23:30 GMT, and Chair Powell at 23:45 GMT.
- Canada: Trade balance report will be released at 13:30 GMT. BoC governor Poloz is set for a speech at 13:50 GMT.
- Japan: Household spending report will be published at 23:30 GMT.
- Auction: The U.S. will auction 1-month bills at 16:30 GMT.
