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Canada August CPI inflation 1.9% y/y vs 2.0% expected

US import prices for August +0.3% vs -0.1% expected

US retail sales for August 0.6% versus 0.2% estimate

Russia close to cutting oil output due to drone attacks – report

US Bessent: If Trump thought inflation was a problem, he’d be willing to have rate hikes

investingLive European FX news wrap: US dollar eases further, US indices reach new highs

Canada August housing starts 245.8K vs 277.5K expected

ECB’s Simkus: Santa Claus may come, he may trim the Christmas tree, but not significantly

Germany ZEW survey current conditions -76.4 vs -75.0 expected

Eurozone July industrial production +0.3% vs +0.4% m/m expected

ECB’s Scicluna: There is no cut already in a box and waiting to be unpacked

False alarm: the big spike in initial claims was caused by fraudulent filings in Texas