Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance came at 30 percent in November.
- Australia: Trade deficit for October came at 1.54 billion. Imports rose by 2 percent and exports by 1 percent.
- China: Trade balance for November came at $44.61 billion. Imports rose by 13 percent y/y and exports rose by 5.9 percent.
- Japan: Eco watchers survey outlook improved to 49.1 and current improved to 48.6.
Upcoming:
- France: Third quarter non-farm payroll report will be released at 6:30 GMT, followed by Industrial output for October at 7:45 GMT.
- Eurozone: ECB will announce interest rate decision at 12:45 GMT, followed by press conference at 13:30 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Housing starts November report will be published at 13:15 GMT, followed by Building permits and new house prices at 13:30 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.


Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning
Gold Holds Near Two-Month High as Treasury Yields Fall
Japan Trade Deficit Widens as Imports Surge on Energy and AI Demand
Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes
China Set to Hold Benchmark Lending Rates Steady for 15th Month
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 



