South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Lots of economic dockets and events scheduled for today but all with low to medium risks associated.
Data released so far:
Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year ago. New motor vehicle sales declined 2.4 percent in October, up 1.2 percent from a year back.
Upcoming:
- United States: Fed’s Bullard is scheduled to speak at 8:00 GMT. MBA mortgage applications will be released at 12:00 GMT. Producer price index for October will be released at 13:30 GMT, followed by Industrial production report at 14:15 GMT. NAHB housing market report will be released at 15:00 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC member Harker is scheduled to speak at 22:30 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Unemployment report will be published at 9:30 GMT. CB leading economic index will be released at 14:30 GMT.
- Switzerland: Zew survey report will be published at 10:00 GMT.
- Canada: Manufacturing shipments for September will be released at 13:30 GMT.
- New Zealand: RBNZ financial stability report will be released at 20:00 GMT. Producer price index for the third quarter will be released at 21:45 GMT, along with retail sales at 21:45 GMT.
