Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Data released so far:
- Australia: Construction work done declined by 4.9 percent in the third quarter.
- China: MNI business sentiment indicator rose to 53.1 in November from 52.2 prior.
Upcoming:
- France: Flash manufacturing and services PMI will be released at 8:00 GMT.
- Germany: Flash manufacturing and services PMI report will be released at 8:30 GMT.
- Eurozone: Flash manufacturing and services PMI report will be released at 9:00 GMT.
- United Kingdom: Autumn budget statement is scheduled today.
- United States: MBA mortgage application data will be released at 12:00 GMT, followed by weekly jobless claims report and durable goods orders at 13:30 GMT. House price index data will be published at 14:00 GMT and flash manufacturing PMI at 14:45 GMT. Michigan consumer sentiment report will be published at 15:00 GMT, along with new home sales report. EIA will release weekly crude oil inventory report at 15:30 GMT and weekly natural gas inventory report at 17:00 GMT. FOMC will release minutes at 19:00 GMT.
- Auction: Germany will auction 10-year bonds today.
