BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 1.5 percent y/y in October.
Upcoming:
- OPEC: OPEC and non-OPEC countries to hold a meeting in Vienna to discuss supply cuts.
- Germany: Industrial production report will be published at 7:00 GMT. CDU will vote to choose its new leader as Merkel steps down.
- France: Trade balance report will be released at 7:45 GMT, along with October industrial output report at 8:00 GMT.
- China: Forex reserve details will be published at 8:00 GMT.
- United Kingdom: Halifax house price report will be published at 8:30 GMT, followed by consumer inflation expectations at 9:30 GMT.
- Italy: Retail sales report will be published at 9:00 GMT.
- Eurozone: Q3 GDP report will be published at 10:00 GMT.
- United States: NFP report will be published at 13:30 GMT, followed by the release of Michigan consumer sentiment report 15:00 GMT. EIA will publish its natural gas inventory report at 15:30 GMT.
- Canada: November unemployment report will be published at 13:30 GMT.
