Global Markets & Key Drivers

US & Asian Markets: Asian markets advanced following steady movement overnight. Wall Street indexes recently faced some pressure following hot US Consumer Price Index (CPI) data showing consumer prices climbing 0.4% in October.  

Upcoming US Data: Market focus is heavily centered on today's release of the US Producer Price Index (PPI) for October, which will provide further signals on upcoming Federal Reserve rate decisions (with a December rate adjustment largely anticipated by traders).