Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: RBA kept the policy rate unchanged at 150 bps at today’s meeting. Q3 current account balance came at -$10.7 billion.
Upcoming:
- France: October budget details will be released at 7:45 GMT.
- Spain: November unemployment change report will be released at 8:00 GMT.
- Switzerland: CPI inflation report will be released at 8:15 GMT.
- United Kingdom: ECJ might release its opinion on Brexit case today. BoE’s governor Carney is set for a speech at 9:15 GMT. Construction PMI report will be released at 9:30 GMT. MPC member Vlieghee is set for a speech at 18:00 GMT.
- Eurozone: PPI inflation report for the month of October will be released at 10:00 GMT. Expected 4.5 percent y/y.
- Canada: Q3 labor productivity report will be released at 13:30 GMT.
- United States: ISM New York report will be released at 14:45 GMT. FOMC member Williams is set for a speech at 15:00 GMT.
- Auction: U.S. will auction 1-month, and 12-month bills at 16:30 GMT.
