Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Data released so far:
- Japan: Industrial production up 0.2 percent y/y in August.
Upcoming:
- Switzerland: PPI inflation report will be released at 7:15 GMT.
- United States: New York Empire State manufacturing report will be published at 12:30 GMT, along with September retail sales report and followed by the August business inventories report at 14:00 GMT.
- Canada: Bank of Canada (BoC) will release business outlook survey report at 14:30 GMT.
- New Zealand: Q3 CPI inflation report will be released at 21:45 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 15:30 GMT.
