RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow 
Oil Prices Fall as Russia Signals Higher Diesel Exports 
Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI 
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Not many economic dockets scheduled for today and all with low to medium risks associated.
Upcoming:
- Switzerland: Trade balance data for October will be reported at 7:00 GMT.
- United Kingdom: Public sector net borrowing data for October will be reported at 9:30 GMT. CBI industrial survey report will be published at 11:00 GMT.
- Canada: Retail sales data for September will be released at 13:30 GMT.
- United States: Redbook index will be published at 13:55 GMT, followed by existing home sales report and Richmond Fed manufacturing report at 15:00 GMT.
- Eurozone: Consumer confidence report will be published at 15:00 GMT.
- Auction: US will auction 1-month bills at 16:30 GMT and 5-year note at 18:00 GMT. Spain will auction 3-month and 9-month bonds today.
