Sizable numbers of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: GFK consumer confidence for December marginally improved to -7 from -8 in the previous month.
- New Zealand: M3 money supply rose by 5.9 percent y/y in November.
Upcoming:
- Germany: Import price index data for November will be reported at 7:00 GMT.
- Italy: Industrial sales and orders numbers for October will be declared at 9:00 GMT.
- Eurozone: ECB will publish economic bulletin at 9:00 GMT, followed by retail sales report for October at 10:00 GMT.
- United States: Chicago Fed national activity index for November will be released at 13:30 GMT, along with personal income/spending report, durable goods report, and third quarter GDP report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Kansas Fed will release the manufacturing activity report at 16:00 GMT.
- Canada: Retail sales report for October will be announced at 13:30 GMT, along with consumer price inflation numbers for November.


BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 



