BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
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.
