RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Home loans declined by 0.5 percent in February, investment lending for homes down 5.9 percent.
Upcoming:
- Japan: ECO watchers survey report will be released at 5:00 GMT.
- Italy: Industrial output report for February will be published at 8:00 GMT.
- Eurozone: Sentix investor confidence report will be released at 8:30 GMT.
- Greece: Industrial production report for February and inflation report for March will be released at 9:00 GMT.
- Portugal: Portugal will release trade balance numbers at 10:00 GMT.
- Canada: Housing starts figure for March will be updated at 12:15 GMT.
- United States: LMCI for March will be updated at 12:30 GMT. Speech from Fed’s Yellen at 20:10 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.
- United Kingdom: BRC shop price index data will be released at 23:00 GMT.
- Auction: U.S. will auction 3-month and 6-months bills at 15:30 GMT, and 3-year note at 17:00 GMT.
