Wholesale inflation in Japan cools to 6.8%, keeping BOJ hike bets alive
Japan's September wholesale inflation slowed to 6.8% from 7.6%, but import costs surged 24.5%, keeping BOJ rate-hike expectations alive.
Japan's September wholesale inflation slowed to 6.8% from 7.6%, but import costs surged 24.5%, keeping BOJ rate-hike expectations alive.
Georgieva warned AI is a slow-moving jobs tsunami. Graduates feel the first hit as the IMF expects 40% of global roles to be affected.
UK retail sales growth exceeded forecasts in September, but a 17% surge in fuel spending and high diesel prices indicate households are squeezed by rising…
Cleveland Fed President Beth Hammack said rates need to rise further to curb demand and inflation, and she will keep an open mind on the pace of additional…
RBA minutes from its September meeting are due Tuesday, with September labour force figures out Thursday. Economists expect unemployment to stay at 4.6%.
Hammack said Treasury rates are 'modest' historically, sees inflation expectation risks, and favors gradual tightening while protecting jobs.
EUR/USD touched a 17-month low of 1.1161 on Oct. 5 as French budget concerns and other European strains weighed on the euro.
The Nasdaq could see near-term weakness as traders hedge before Wednesday's US CPI report, with US-Iran tensions and earnings also in focus.
Bitwise CIO Matt Hougan says Bitcoin could reach hundreds of thousands of dollars and names Ethereum, Solana and Chainlink as long-term plays.
Bitcoin fell below $82,000 as Treasury yields hit 24-year highs. The October 14 CPI report will be critical for its next move.
A Financial Times poll puts Donald Trump's approval at 34% three weeks before the midterms; prediction markets favor Democrats to win the House.
Examines what a hot US CPI reading that fails to sink stocks might mean for traders, and how to interpret market resilience.
The US Dollar Index is hovering near an 18-month high as analysts debate a key trendline. Wednesday's CPI report will likely test the rally.
US September CPI due Wednesday expected at 3.7% on energy, core steady at 2.4%. Report may influence Fed policy.
RBA minutes and September jobs data due this week will influence expectations for Australia's next rate move, with unemployment forecast to hold at 4.6%.