Not many economic dockets scheduled for today and few with high risks associated.
Data released so far
- China - Retail sales grew by 11% in October compared to a year ago, urban investment has stabilized at 10.2% y/y in October, while industrial production grew by 5.6% in October.
- Japan - Flash reading showed Machinery tools orders set to decline further by -23.1% y/y in October.
Upcoming
- Germany - Wholesale price index for October scheduled at 7:00 GMT.
- Portugal - Consumer price index to be released today.
- UK - ILO unemployment report will be released at 9:30 GMT. Bank of England Governor Mark Carney is scheduled to speak at 10:30 GMT.
- Euro Zone - ECB president Draghi scheduled to speak at 13:15 GMT.
- US - MBA mortgage applications to be released at 12:00 GMT.
- New Zealand - New Zealand business PMI scheduled for release at 21:30 GMT, followed by food price index at 21:45 GMT.
- Japan - Domestic corporates goods price index to be released at 23:50 GMT, along with machinery orders at 23:50 GMT.


Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook
Strait of Hormuz Disruption Sparks Global Oil Supply Fears
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars
How will the Iran war change the Middle East? We asked 5 experts 



