Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: December producer price inflation came at 4.9 percent y/y. Consumer price inflation rose 0.3 percent in December, up 1.8 percent from a year ago.
Upcoming:
- France: November industrial output report will be published at7:45 GMT.
- United Kingdom: Manufacturing and industrial production report will be published at 9:30 GMT, along with trade balance.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by terms of trade report at 13:30 GMT. Fed’s Evans is scheduled to speak at 14:00 GMT. EIA will release weekly oil inventory report at 15:30 GMT. Fed’s Bullard is scheduled to speak at 18:30 GMT.
- Auction: The U.S. will auction 10-year note at 18:00 GMT.
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