Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 0.9 percent y/y in September.
- United Kingdom: BRC like for like retail sales down 1 percent in October.
- Australia: RBA kept monetary policy unchanged.
Upcoming:
- Germany: Industrial production for September will be reported at 7:00 GMT.
- France: September budget details will be published at 7:45 GMT.
- Switzerland: September Forex reserve details will be released at 8:00 GMT.
- United Kingdom: Halifax house price index for October will be reported at 8:30 GMT. NIESR will release GDP estimate at 15:00 GMT.
- Italy: Retail sales report for September will be reported at 9:00 GMT.
- United States: JOLTS jobs report for September will be reported at 15:00 GMT, along with TIPP economic optimism. Consumer credit report will be published at 20:00 GMT.
- Canada: BoC governor Poloz is scheduled to speak at 17:55 GMT.
- New Zealand: Global dairy auction is scheduled today.
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