BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop prices in November declined by 1.7 percent y/y.
- Australia: Third quarter GDP is down 0.5 percent, up 1.8 percent from a year ago.
Upcoming:
- China: Forex reserve data might get released today.
- Japan: Leading economic index and coincident index will be published at 5:00 GMT.
- Germany: Industrial production figure for October will be published at 7:00 GMT.
- France: trade balance figures for October will be released at 7:45 GMT.
- United Kingdom: Halifax house prices report for November will be published at 8:30 GMT, followed by manufacturing and industrial production numbers for October at 9:30 GMT. NIESR will release GDP estimate at 15:00 GMT.
- Switzerland: Forex reserve details will be published at 8:00 GMT.
- United States: MBA mortgage applications data will be published at 12:00 GMT, followed by JOLTS job reports at 15:00 GMT, and Consumer credit at 20:00 GMT.
- Canada: BoC will announce interest rate decision at 15:00 GMT.
- Japan: Third quarter GDP data will be announced at 23:50 GMT.
- Auctions: UK and Germany will auction 30-year bonds today. Spain will auction 56-month and 12-month bonds.
