Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Retail sales for October grew 0.5 percent.
Upcoming:
- Switzerland: Third quarter GDP figure will be released at 6:45 GMT.
- Spain: Unemployment change for November will be released at 8:00 GMT.
- Eurozone: Producer price index for October will be released at 10:00 GMT.
- United States: Non-farm payroll report for November will be released at 13:30 GMT. FOMC member Lael Brainard is scheduled to speak at 13:45 GMT. ISM New York index will be released at 14:45 GMT.
- Canada: Unemployment report for October will be released at 13:30 GMT.
