ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: TD securities inflation up 0.3 percent in October, up 2.6 percent from a year ago. ANZ job advertisement up 1.4 percent in September.
- New Zealand: RBNZ inflation expectations up 2 percent in the third quarter, down from 2.1 percent in the second.
Upcoming:
- Germany: Factory orders for September will be reported at 7:00 GMT.
- Spain: Markit services PMI for October will be reported at 8:15 GMT.
- Switzerland: Consumer inflation report will be released at 8:15 GMT.
- Italy: Markit services PMI for October will be reported at 8:45 GMT.
- France: Markit services PMI for October will be reported at 8:50 GMT.
- Germany: Markit services PMI for October will be reported at 8:55 GMT.
- Eurozone: Markit services PMI for October will be reported at 9:00 GMT, followed by sentix investor confidence and producer price inflation for September.
- United States: Fed Chair Janet Yellen’s speech is scheduled at 13:00 GMT. Fed’s William Dudley will speak at 17:00 GMT.
- Canada: IVEY PMI for October will be reported at 15:00 GMT.
- Australia: AiG construction index for October will be updated at 22:30 GMT.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
