Societe Generale in its early Thursday economic news summary pointed out:

-- Euro stays higher after above forecast Q3 gross domestic product and the consumer price index diminishes the likelihood of a 50bps European Central Bank rate cut in December. Flash October CPI ticks up to 2.0% year over year, core steady at 3.7% year over year. 10-year Bund up to 2.41%. 10y United States Treasury dips to 4.28%. EUR/USD probing 200dma (1.0868).

-- Bank of Japan leaves policy rate unchanged at 0.25%, vote unanimous. Governor Ueda is hawkish: the stance is rates will be raised if the outlook is realized, weighing the impact of a weaker yen on the economy, current political situation will not impact rates much.

-- France's HICP climbs to 1.5% year over year in October from 1.4% in September, in line. Services cool to 2.2%, food 0.6%, manufacturing goods -0.5%

-- China's October PMIs above forecast: manufacturing up to 50.1 with new orders at 50.0, services up a shade to 50.2 with new orders at 47.2.

-- Day ahead: US PCE deflator, SocGen forecasts: +0.1% month over month, core: +0.2% month over month. US jobless weekly claims, Chicago PMI. Colombia central bank forecast to cut 50bps. Poland CPI.

-- Nikkei -0.5%, EUR 10-year IRS +2.5bps to 2.48%, Brent crude +0.4% at $72.84/barrel, Gold -0.25% at $2,781/oz.