Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 1.5 percent y/y in October.
Upcoming:
- OPEC: OPEC and non-OPEC countries to hold a meeting in Vienna to discuss supply cuts.
- Germany: Industrial production report will be published at 7:00 GMT. CDU will vote to choose its new leader as Merkel steps down.
- France: Trade balance report will be released at 7:45 GMT, along with October industrial output report at 8:00 GMT.
- China: Forex reserve details will be published at 8:00 GMT.
- United Kingdom: Halifax house price report will be published at 8:30 GMT, followed by consumer inflation expectations at 9:30 GMT.
- Italy: Retail sales report will be published at 9:00 GMT.
- Eurozone: Q3 GDP report will be published at 10:00 GMT.
- United States: NFP report will be published at 13:30 GMT, followed by the release of Michigan consumer sentiment report 15:00 GMT. EIA will publish its natural gas inventory report at 15:30 GMT.
- Canada: November unemployment report will be published at 13:30 GMT.
