
Tokyo Inflation Surge Tests Bank of Japan's Patience
Tokyo's core inflation unexpectedly jumped to 2.8%, exceeding forecasts and testing the Bank of Japan's patient stance on interest rate hikes.
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Tokyo's core inflation unexpectedly jumped to 2.8%, exceeding forecasts and testing the Bank of Japan's patient stance on interest rate hikes.

The Australian dollar surged to its highest point since early October after strong inflation data reduced the likelihood of an RBA interest rate cut.

Surprising inflation data from Australia sent the Australian dollar higher, effectively ending any chance of a near-term interest rate cut by the Reserve Bank.

U.S. markets hit record highs Friday, driven by a positive inflation report and strong corporate earnings. Ford shares soared over 12%, while Deckers Outdoor plunged on a weak outlook.

U.S. stocks surged to record highs after new data showed inflation cooled in September, reinforcing expectations for Federal Reserve interest rate cuts.

The U.S. dollar has strengthened for a sixth straight day against the Japanese yen, driven by robust business activity data that overshadowed softer inflation figures.

The British Pound has fallen for a fifth consecutive day against the US Dollar, pressured by disappointing UK inflation data and a stronger greenback.

Canada's September CPI rose 2.4% year-over-year, exceeding forecasts and reducing market odds for a Bank of Canada rate cut. The Canadian dollar steadied, while the US dollar strengthened amid easing

Digital asset markets are evolving as Bitcoin miners pivot to AI, causing stock surges, while prediction market volumes hit a record $2 billion. This comes as Bitcoin faces a key inflation test with t

The Pound Sterling is trading cautiously against the U.S. Dollar as investors await key inflation reports from both the UK and the US, which will guide central bank policy.

Credit Agricole identifies four key drivers for the gold rally: its use as an inflation hedge, central bank buying, shifting safe-haven demand, and geopolitical risk.

Billionaires Ricardo Salinas and Robert Kiyosaki are championing Bitcoin, with Salinas predicting a $1.5 million price and Kiyosaki warning against fiat currency.