Atlanta Federal Reserve (Fed) President Raphael Bostic said on Wednesday that GVP growth is solid and that he expects to see that continuing in 2026, while participating in a moderated discussion at the Gwinnett County Chamber of Commerce in Georgia.

United States 20-Year Bond Auction: 4.798% vs 4.706%

Federal Reserve (Fed) Governor Christopher Waller said on Wednesday that the Fed is not in a rush to cut interest rates, given the current outlook, per Reuters.

Canada Foreign Portfolio Investment in Canadian Securities registered at $46.62B above expectations ($21.84B) in October

Canada Canadian Portfolio Investment in Foreign Securities dipped from previous $22.12B to $-11.58B in October

United States MBA Mortgage Applications: -3.8% (December 12) vs previous 4.8%

The Pound Sterling (GBP) is under pressure after UK inflation fell more than expected in November, paving the way for the Bank of England (BoE) to deliver a widely anticipated 25bps rate cut tomorrow. Markets now price in an accelerated easing cycle over the next year, BBH FX analysts report.

If there was any doubt about a rate cut at the BoE’s MPC meeting tomorrow then those doubts are surely gone now after this morning’s CPI data for November revealed a much weaker than expected set of data.

As the Fed steps back after its December rate cut, attention turns to the Bank of England (BoE), European Central Bank (ECB), and Bank of Japan (BoJ) this week, with expectations for a BoE rate cut, a steady ECB, and a gradual BoJ hike amid resilient global growth and cautious central bank policy, B

After a long drought of data, the labour market report hit hard. October payrolls fell by 105k, while November payrolls increased by 64k. Combined with a small rise in the participation rate, this led to the unemployment rate rising to 4.6%, from a high 4.4% in September.

Hungary’s central bank kept rates unchanged but struck a notably dovish tone, opening the door to rate cuts and pushing markets to price in deeper easing, with EUR/HUF facing renewed upside pressure, ING's FX analyst Frantisek Taborsky notes.

United Kingdom DCLG House Price Index (YoY) came in at 1.7%, below expectations (2.4%) in October

Brent remains under pressure below its 50-day moving average near $63, with prices drifting toward key support at $58.40 and risks skewed to a deeper extension of the downtrend if this level fails, Société Générale's FX analysts note.

Korea’s 2026 macro outlook is likely to be driven more by domestic demand than in 2025. However, external financial conditions could pose a barrier to domestic performance. Financial stability concerns are likely to limit monetary and fiscal policy flexibility.

Austria HICP (YoY) below expectations (4.1%) in November: Actual (4%)

Austria HICP (MoM) below forecasts (0.3%) in November: Actual (0.2%)

South Africa Consumer Price Index (MoM) dipped from previous 0.1% to -0.1% in November

South Africa Consumer Price Index (YoY) came in at 3.5% below forecasts (3.6%) in November

EUR/GBP recovers its recent losses from the previous session, trading around 0.8780 during the European hours on Wednesday. The currency cross gains ground as the Pound Sterling (GBP) declines following the release of weaker Consumer Price Index (CPI) data from the United Kingdom (UK) for November.

Indonesia Bank Indonesia Rate meets forecasts (4.75%)

Germany’s IFO institute will publish its business survey for December on Wednesday at 09:00 GMT.

United Kingdom Producer Price Index - Output (MoM) n.s.a in line with expectations (0.1%) in November

United Kingdom PPI Core Output (MoM) n.s.a down to 0% in November from previous 0.1%

United Kingdom Retail Price Index (MoM) down to -0.5% in November from previous 0.3%

United Kingdom PPI Core Output (YoY) n.s.a : 3.5% (November) vs previous 3.6%

United Kingdom Retail Price Index (YoY) registered at 3.8%, below expectations (4.3%) in November

United Kingdom Consumer Price Index (YoY) below forecasts (3.5%) in November: Actual (3.2%)

United Kingdom Producer Price Index - Input (MoM) n.s.a above expectations (0.2%) in November: Actual (0.3%)

United Kingdom Producer Price Index - Output (YoY) n.s.a dipped from previous 3.6% to 3.4% in November

United Kingdom Producer Price Index - Input (YoY) n.s.a came in at 1.1%, above forecasts (0.4%) in November