BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Investment lending for homes up by 0.7 percent in October while home loans are down 0.8 percent..
- China: Consumer price inflation rose by 2.3 percent y/y in November, while producer price inflation is up 3.3 percent.
Upcoming:
- Switzerland: Unemployment report for November will be published at 6:45 GMT.
- Germany: Trade balance report for October will be published at 7:00 GMT.
- France: Industrial output figure for October and budget details will be published at 7:45 GMT.
- United Kingdom: Trade balance for October will be published at 9:30 GMT.
- Greece: Consumer price inflation for November and industrial production number for October will be published at 10:00 GMT.
- Portugal: Trade balance report will be released today.
- United States: Michigan consumer sentiment report will be published at 15:00 GMT.
