Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Not many economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia: ANZ job advertisements down -0.8 percent in July.
- China: Trade balance came at $52.31 billion. Exports declined -4.4 percent and imports declined -12.5 percent.
Upcoming:
- Japan: Eco watchers survey outlook and current will be published at 5:00 GMT.
- China: FDI data might get released today.
- Germany: Industrial production for June will be released at 6:00 GMT. Prior -0.4 percent y/y.
- Switzerland: Consumer price index for July will be released at 7:15 GMT. Prior -0.3 percent y/y.
- Eurozone: Sentix investor confidence for August will be released at 8:30 GMT. Prior 1.7
- Greece: Industrial production for June and CPI for July will be announced at 9:00 GMT.
- Canada: Building permits for June will be released at 12:30 GMT.
- United States: Labor market conditions index will be released at 14:00 GMT.
- New Zealand: Electronic card retail sales for July will be announced at 22:45 GMT. Prior 6.8 percent y/y.
- United Kingdom: BRC retail sales report will be released at 23:00 GMT.
