Fed Officials Split as Powell Weighs December Interest Rate Cut 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
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:
- Japan: Markit services PMI declined to 51 in December.
Upcoming:
- Germany: November retail sales report will be released at 7:00 GMT, along with factory orders report.
- Switzerland: November Forex reserve data will be reported at 8:00 GMT.
- Eurozone: Sentix investor confidence report for the month of January will be released at 9:30 GMT. November retail sales report will be published at 10:00 GMT.
- United States: ISM non-manufacturing PMI report will be released at 15:00 GMT, along with November factory orders report. FOMC member Bostic is set for a speech at 17:40 GMT.
- Canada: IVEY PMI report will be released at 15:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT.
