Visa Wins China Approval to Prepare Domestic Payments Expansion 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
Trump Secures Russian Diesel Deal as US Fuel Prices Surge 
S&P 500 Rally Masks Losses for Over 40% of Stocks in 2026 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
Asian Stocks Plunge as AI Chip Selloff Hits South Korea and Japan 
IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks 
Deutsche Bank CEO Urges Faster German Economic Reforms 
RBI Rate Hike Bets Surge as Inflation Rises 
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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.
