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Germany December Ifo business climate index 87.6 vs 88.2 expected

What are the main events for today?

UK inflation to stay elevated in November – Morgan Stanley

UK November CPI +3.2% v +3.5% y/y expected

Japan bond yields continue to surge higher with eyes on the BOJ later this week

BOJ should avoid premature rate hike, says ex-deputy governor

investingLive Asia-Pacific FX newswrap: Silver record high, India rupee intervention surge

Softer US jobs data could prompt Fed to shift to earlier rate cuts next year – CIBC

Singapore exports beat expectations as electronics and pharma lift NODX

Strong exports lift BoJ hike odds as Japan recovery gathers pace – recap

Pot shots – Trump set to fast-track cannabis reclassification under executive order

Japan: Nov exports +6.1%y/y (expected +4.8%) Oct Machine orders +12.5%y/y (expected +3.6%)