BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Unemployment rate declined to 5.5 percent in September as employment rose by 19,800.
- China: Retail sales grew 10.3 percent y/y in September. Industrial production is up 6.6 percent y/y. GDP grew by 1.7 percent in the third quarter, up 6.8 percent from a year ago.
- Japan: All industry activity index grew 0.1 percent in August.
Upcoming:
- Switzerland: September trade balance report will be published at 6:00 GMT.
- United Kingdom: September retail sales report will be released at 8:30 GMT.
- Eurozone: European Council meeting today.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with Philadelphia Fed manufacturing survey report. Fed’s Esther George is scheduled to speak at 13:30 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Auction: Spain will auction 3-year, 10-year, and 30-year bonds today. The UK will auction 10-year bond today.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
