Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Upcoming:
- Germany: Third quarter flash GDP numbers will be released at 7:00 GMT. Zew survey report for November will be published at 10:00 GMT.
- France: Consumer price inflation numbers for October will be published at 7:45 GMT.
- Spain: Spain will release its HICP inflation data at 8:00 GMT.
- Italy: Third quarter flash GDP will be published at 9:00 GMT.
- United Kingdom: Inflation numbers that include RPI, CPI, PPI, and HPI will be published at 9:30 GMT.
- Eurozone: Trade balance figure for September will be released at 10:00 GMT along with survey report and third quarter flash GDP estimate.
- Portugal: Third quarter flash GDPO estimate will be released today.
- United States: New York empire state manufacturing index will be released at 13:30 GMT, along with retail sales report and terms of trade for October. Redbook index will be published at 13:55 GMT. Fed’s Rosengren is scheduled to speak at 12:30 GMT. Fed’s Stanley Fischer is scheduled to speak at 18:30 GMT.
- New Zealand: Global dairy auction is scheduled today. Retail sales report for third quarter will be released at 18:30 GMT.
