Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
Gold Prices Steady Ahead of Trump-Xi Meeting as Inflation and Oil Concerns Persist 
Oil Prices Hold Above $100 as Trump-Xi Meeting and Iran Conflict Keep Markets on Edge 
Trump Pushes China Market Access During High-Stakes Xi Summit 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Lots of economic data and events scheduled for today But all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits up 7 percent in November, down 4.8 percent from a year ago. ANZ job advertisements declined by 1.9 percent in December.
- China: Forex reserve declined to $3.011 trillion.
Upcoming:
- Germany: Industrial production and trade balance for November will be reported at 7:00 GMT.
- Switzerland: Real retail sales figure for November will be released at 8:15 GMT.
- United Kingdom: Halifax house prices for December will be reported at 8:30 GMT.
- Italy: Italy will release unemployment report at 9:00 GMT.
- Eurozone: Sentix investor confidence report will be published at 9:30 GMT, followed by unemployment report at 10:00 GMT.
- United States: Boston Fed President Rosengren is scheduled to speak at 14:00 GMT. Labor market condition index will be published at 15:00 GMT. Fed’s Lockhart is scheduled to speak at 17:45 GMT
- Canada: Bank of Canada will release its business outlook survey report at 15:30 GMT.
- Auctions: US will auction 3-month and 6-month bills at 16:30 GMT.
