Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI 
European Stocks Rise as Oil Prices Fall Ahead of US CPI 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
Asian Stocks Plunge as AI Chip Selloff Hits South Korea and Japan 
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBI Rate Hike Bets Surge as Inflation Rises 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports 
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Lots of economic data and events scheduled for today but all with low to medium risks associated.
Upcoming:
- Japan: Eco watchers’ survey for December will be published at 5:00 GMT. Trade balance for December will be published at 23:50 GMT.
- Spain: Industrial output for November will be published at 8:00 GMT.
- United Kingdom: Trade balance for November will be published at 9:30 GMT, along with industrial and manufacturing production details for the month. NIESR will release GDP estimate for 3 months to December at 15:00 GMT.
- Greece: CPI stat for December at 10:00 GMT.
- Eurozone: Industrial production numbers for November will be published at 10:00 GMT. ECB will release minutes at 12:30 GMT.
- United States: MBA mortgage applications and related data will be published at 12:00 GMT. EIA will release crude oil weekly inventory report at 15:30 GMT. US President elect Donald Trump will hold his first press conference since the win at 16:00 GMT.
- Canada: Housing starts figure will be released at 13:15 GMT, followed by building permits data at 13:30 GMT.
- Auctions: US will auction 1-month bills at 16:30 GMT and 3-year notes at 18:00 GMT.
