US December advance goods trade balance -88.46 billion vs -89.33 billion prior

US stock futures dip 0.4-0.7% as December's rally faces headwinds; Fed rate cut bets & earnings loom.

Bank of Japan Governor Ueda says will raise rates if prices, economy move as forecast. Ueda does sound like a man intent on a rate hike at the December 18-19 meeting. Yen adding to tis gains.

S&P 500 eyes 7,500 by 2026 per JPM, but watch for a potential 2026 correction. Traders eye valuation shifts.

US funds boost Canadian oil & gas, with TSX Energy up 19.5% YTD vs S&P 500 Energy's 6%. Low breakevens drive gains.

Japan Jibun / S&P Global manufacturing PMI, November final, 48.7 (prior 48.2) Japan’s industrial drag is stabilising, but continued order weakness, especially in autos and semiconductors, keeps pressure on JPY-sensitive sectors.

Australian Q3 business inventories -0.9% q/q (expected 0%) The negative result for inventories will take away from Q3 GDP

SK exports surge 8.4% on record chip sales (+38.5%) & auto jump (+13.7%). Trade surplus widens to $9.7B.