Japan Jibun Bank Manufacturing PMI came in at 48.2, below expectations (48.3) in October

United States Total Vehicle Sales came in at 15.3M, below expectations (15.6M) in October

South Korea Consumer Price Index Growth (MoM) registered at 0.3% above expectations (0%) in October

South Korea Consumer Price Index Growth (YoY) above forecasts (2.1%) in October: Actual (2.4%)

The Reserve Bank of Australia (RBA) is widely expected to maintain the Official Cash Rate (OCR) at 3.6% after its November monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT.

Argentina Tax Revenue (MoM) declined to 16B in September from previous 15445B

Federal Reserve Governor Lisa Cook spoke about the economic outlook and monetary policy at the Brookings Institution in Washington, DC, on Monday.

Federal Reserve Bank of San Francisco President Mary Daly participated in a moderated discussion at the Forum Club of the Palm Beaches in Florida on Monday, in which she remarked that she supported the rate cut and that the Labor market has softened quite a bit.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Monday that he would feel uneasy frontloading rate cuts, per Reuters.

The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) dropping to 48.7 from 49.1 in September.

United States ISM Manufacturing PMI below forecasts (49.5) in October: Actual (48.7)

United States ISM Manufacturing Employment Index climbed from previous 45.3 to 46 in October

United States ISM Manufacturing Prices Paid registered at 58, below expectations (61.7) in October

United States ISM Manufacturing New Orders Index rose from previous 48.9 to 49.4 in October

United States S&P Global Manufacturing PMI registered at 52.5 above expectations (52.2) in October

Canada S&P Global Manufacturing PMI climbed from previous 47.7 to 49.6 in October

Singapore Manufacturing PMI: 50.1 (October)

Singapore Manufacturing PMI fell from previous 50.1 to 50 in October

Brazil S&P Global Manufacturing PMI rose from previous 46.5 to 48.2 in October

In an interview with Bloomberg TV on Monday, Federal Reserve (Fed) Governor Stephen Miran argued that if the Fed maintains a restrictive stance of policy, it increases the chance that monetary policy will cause a downturn.

South Africa Total New Vehicle Sales: 55956 (October) vs 54700

There is scope for US Dollar (USD) to edge above 7.1280, but it is unlikely to be able to maintain a foothold above this level.

Not only was the US Dollar (USD) the best performing G10 currency in October, but it is the best performer amongst its peers in the second half of the year.

USD/CNH edges higher as a softer-than-expected China PMI contrasts with optimism from the US-China trade truce, supporting the yuan, BBH FX analysts report.

15th FYP to prioritize industrial upgrading and innovation to boost tech-driven growth. More spending to be directed towards household wellbeing to raise consumption’s share of GDP. Fiscal policy will likely remain expansionary to support average growth of 4.5% from 2026-30.

European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), Peter Kazimir, said during the European trading session that there is no need to alter or adjust the monetary policy as risks to inflation and the economy remain broadly balanced.

Financial markets are getting excited about a Bank of England rate cut potentially as early as this Thursday, ING's FX analyst Chris Turner notes.

China’s metals body has urged Beijing to curb new Copper, Zinc, and Lead smelting projects, warning that record-low processing fees and industry overcapacity threaten market stability.

In recent weeks, the US Dollar (USD) has recovered quite broadly. Rather than trading at around 1.18, EUR/USD has frequently traded below 1.16, and on Friday it even approached 1.15.

United Kingdom S&P Global Manufacturing PMI above expectations (49.6) in October: Actual (49.7)