Bank of England Deputy Governor for Markets and Banking Dave Ramsden, Deputy Governor for monetary policy Clare Lombardelli, and MPC member Catherine Mann gave comments to the Treasury Select Committee on Tuesday about the November monetary policy report.

United States JOLTS Job Openings came in at 7.658M, above expectations (7.2M) in September

United States JOLTS Job Openings came in at 7.67M, above expectations (7.2M) in October

China’s November crude imports surged to 12.4 mb/d, well above domestic needs and the strongest pace since August 2023.

United States Redbook Index (YoY) fell from previous 7.6% to 5.7% in December 5

Private sector employment expanded over the latest month, with companies adding an average of 4,750 jobs per week in the four weeks ending November 15, according to data released Tuesday by Automatic Data Processing (ADP).

United States ADP Employment Change 4-week average climbed from previous -13.5K to 4.75K in November 22

Mexico 12-Month Inflation above expectations (3.69%) in November: Actual (3.8%)

Mexico Core Inflation registered at 0.19% above expectations (0.1%) in November

Mexico Headline Inflation came in at 0.66%, above forecasts (0.56%) in November

United States (US) President Donald Trump criticizes Federal Reserve (Fed) Chair Jerome Powell, in an interview with Politico during the European trading session on Tuesday, for not reducing interest rates, calling him "not a smart person".

United States NFIB Business Optimism Index above expectations (98.4) in November: Actual (99)

US Dollar (USD) is likely to trade between 7.0620 and 7.0740. In the longer run, outlook for USD remains negative; the next level to watch is 7.0400, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Spain 3-Month Letras Auction: 1.974% vs 1.908%

Greece Consumer Price Index - Harmonized (YoY) rose from previous 1.6% to 2.8% in November

Greece Consumer Price Index (YoY): 2.4% (November) vs 2%

Spain 9-Month Letras Auction rose from previous 1.965% to 1.999%

Chinese Premier Li Qiang said in a meeting with the International Monetary Fund (IMF) and the World Bank that Beijing will meet its annual economic target.

EUR/CHF has bounced strongly off the 0.9210 floor, reclaiming the 200-DMA and pushing into a major trendline near 0.9400, with a key resistance band at 0.9445–0.9500 now coming into focus, Société Générale's FX analysts note.

Bank of Japan (BoJ) Governor Kazuo Ueda said at a London event during the European trading session on Tuesday that the central bank is tightening monetary conditions gradually as underlying inflationary pressures are accelerating in wake of fiscal stimulus.

The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 3.60% in a unanimous decision. Governor Bullock ruled out rate cuts in the interim, with a hold and a hike being considered. Our baseline remains for no change to the cash rate in either direction in 2026.

The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the United States (US) Bureau of Labor Statistics (BLS).

Standard Chartered's renminbi internationalization tracker rebounded in September-October after falling in August. Offshore deposits, Dim Sum bonds and foreign holdings of onshore RMB assets were key contributors.

As expected, the Reserve Bank of Australia (RBA) decided to leave the cash rate target unchanged at 3.60% at its last meeting for the year. The decision was unanimous across the 9-member board.

Germany Trade Balance s.a. above expectations (€15.2B) in October: Actual (€16.9B)

The EUR/GBP cross posts modest gains near 0.8735 during the early European trading hours on Tuesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) amid expectations that the Bank of England (BoE) will cut interest rates in the policy meeting next week. 

Germany Exports (MoM) came in at 0.1%, above expectations (-0.2%) in October

Germany Imports (MoM) registered at -1.2%, below expectations (0.2%) in October

Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that certainty of central bank's outlook materialising is increasing gradually. Ueda added that he will adjust degree of monetary easing if economic and prices trends move in line with forecasts.

Netherlands, The Consumer Spending Volume remains at 0.8% in October