Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Germany: November wholesale price inflation report will be released at 6:00 GMT, followed by consumer price inflation report at 7:00 GMT.
- Italy: October industrial output report will be published at 9:00 GMT.
- Japan: BoJ governor Kuroda is scheduled to speak at 9:00 GMT.
- United Kingdom: November unemployment report will be released at 9:30 GMT.
- Eurozone: October industrial production report will be released at 10:00 GMT, along with third quarter unemployment report.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by consumer price inflation report at 13:30 GMT. EIA will release weekly oil inventory report at 15:30 GMT. Fed will announce interest rate decision at 19:00 GMT.
- Eurozone: ECB president Draghi is scheduled to speak at 19:00 GMT.
- New Zealand: Food price index will be updated for the month of November at 21:45 GMT.
- Australia: December Westpac consumer confidence report will be released at 23:30 GMT.
- Japan: Machinery orders report will be published at 23:50 GMT.
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