BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Not many economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- China: House price index rose by 12.3 percent y/y in October.
- New Zealand: Retail sales for third quarter grew by 0.9 percent.
Upcoming:
- Germany: Producer price index for October will be released at 7:00 GMT. German Bundesbank president Weidmann is scheduled to speak at 10:30 GMT.
- Eurozone: Current account for September will be released at 9:00 GMT. ECB president Draghi is scheduled to speak at 8:00 GMT.
- United Kingdom: MPC member Broadbent is scheduled to speak at 9:10 GMT.
- United States: Fed’s Bullard is scheduled to speak at 10:30 GMT, followed by William Dudley and Esther George at 14:30 GMT. Kansas Fed manufacturing index will be published at 16:00 GMT.
- Canada: Consumer price inflation for October will be released at 13:30 GMT.
- New Zealand: Producer price index for third quarter will be released at 21:45 GMT, along with retail sales data.
