Japan's core inflation rate rose to 2.1% in September, breaching the Bank of Japan's 2% target for the first time since December and supporting the yen.
Japan's flash composite PMI held at 52.3 in October as services offset a factory slowdown; hiring cooled and cost pressures persisted.
Fidelity's Timmer says sticky inflation and fiscal risk drove bond yields up, though yields eased last week.
Australia's private sector shrank in October for the first time in five months, with input costs rising at the fastest pace since May.
ECB's Panetta warns rising yields weigh on euro zone growth rather than cause a crisis, with French and Italian debt most exposed.
Japan's September core CPI forecast at 2.1%, above BoJ target for first time since December, supporting a December rate hike.
Asia's Friday calendar centres on Japan inflation. Tokyo-area CPI for September ran at its fastest in 10 months, bolstering the case for a BOJ hike.
Fed funds futures imply a 22% chance the Fed will not hike again in 2023; focus shifts to stock market and AI capital concerns.
The US Treasury sold $26 billion in five-year TIPS at a high yield of 2.367%, with a soft auction showing a larger tail and below-average bid-to-cover, though…
Canadian September producer prices rose 2.0% m/m, raw materials climbed 4.8%. Market sees 80% chance of BoC hike.
Bloomberg's survey: 83% of economists expect the BOJ to hike in December, none see an October move, and 67% expect quarterly increases.
South Korea's central bank held its key rate at 3% after two hikes, with a November increase still on the table.
New Zealand's annual CPI slowed to 3.7% in Q3, below forecasts, but markets still expect an RBNZ rate hike next week.
MUFG expects a 25bp rate hike from the Bank of England on Nov 5 and another in Feb as UK inflation tops 4%.
BlackRock's Evy Hambro expects gold to keep appreciating as government debt and deficits worsen, and he criticizes gold miners' share buybacks.