New Zealand Budget 2026 Focuses on Fiscal Discipline and Infrastructure Investment 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Investment lending for homes up by 0.7 percent in October while home loans are down 0.8 percent..
- China: Consumer price inflation rose by 2.3 percent y/y in November, while producer price inflation is up 3.3 percent.
Upcoming:
- Switzerland: Unemployment report for November will be published at 6:45 GMT.
- Germany: Trade balance report for October will be published at 7:00 GMT.
- France: Industrial output figure for October and budget details will be published at 7:45 GMT.
- United Kingdom: Trade balance for October will be published at 9:30 GMT.
- Greece: Consumer price inflation for November and industrial production number for October will be published at 10:00 GMT.
- Portugal: Trade balance report will be released today.
- United States: Michigan consumer sentiment report will be published at 15:00 GMT.
