Canada Stocks Steady as Markets Await Fed and BoC Decisions 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance came at 30 percent in November.
- Australia: Trade deficit for October came at 1.54 billion. Imports rose by 2 percent and exports by 1 percent.
- China: Trade balance for November came at $44.61 billion. Imports rose by 13 percent y/y and exports rose by 5.9 percent.
- Japan: Eco watchers survey outlook improved to 49.1 and current improved to 48.6.
Upcoming:
- France: Third quarter non-farm payroll report will be released at 6:30 GMT, followed by Industrial output for October at 7:45 GMT.
- Eurozone: ECB will announce interest rate decision at 12:45 GMT, followed by press conference at 13:30 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Housing starts November report will be published at 13:15 GMT, followed by Building permits and new house prices at 13:30 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.
