BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index up 0.1 percent y/y in November.
- Australia: Construction work done in the third quarter is down 2.8 percent.
Upcoming:
- Germany: GFK consumer confidence report will be released at 7:00 GMT.
- France: Q3 GDP report will be released at 7:45 GMT.
- United Kingdom: Bank stress test report might be released today by BoE. BoE governor Carney is set for a speech at 16:45 GMT.
- Italy: PPI inflation report will be released at 9:00 GMT.
- Eurozone: Private loans and money supply statistics will be released at 9:00 GMT.
- Switzerland: Zew survey report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Q3 GDP report will be released at 13:30 GMT, along with October goods balance report, and followed by new home sales report at 15:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. Fed’s Powell is set for a speech at 17:00 GMT.
- Japan: October retail trade report will be released at 23:50 GMT.
