Japan services inflation quickens to 3.7% in August, fastest in over two years
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
Japan's services producer price index rose 3.7% in August, the fastest annual pace in over two years, driven by freight and leasing costs.
BOJ July minutes show one member pushed for faster hikes as price risks lean higher, with the pace of future moves seen potentially exceeding market…
SNB President Martin Schlegel said Swiss inflation forecasts are near the middle of the target range. The central bank held its rate steady at zero.
This week's PCE, GDP, ISM, payrolls, and BOJ minutes will influence the Fed's next rate decision and move stocks and crypto.
BOJ July minutes show an 8-1 vote to hold, with dissenter Takata's call for 1.25% realised at September's hike.
Bessent urged the Fed to keep an open mind on rates, citing AI productivity gains, and said Iran oil deliveries to China may end in two weeks.
Apollo's Slok warns AI assistants could spark an 'agentic bank run' by automatically shifting deposits to higher-yield fintech accounts.
Apollo's chief economist warns AI agents could sweep deposits from low-yield bank accounts to higher-yielding options, threatening bank profitability.
Grant Cardone is using the commercial real estate reset to accumulate Bitcoin, targeting 25,000 BTC and 25,000 apartments.
U.S. spot Bitcoin ETFs saw record $2.39 billion weekly inflows, but daily flows slowed and River data suggests supply constraints rather than fresh demand.
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
AUDUSD dipped under the 200-day MA for the first time in 11 months, reaching 0.7005, before rebounding above the average on dollar weakness.
Japan's 30-year bond yield hit a record 4.223%, raising safe-haven returns and threatening bitcoin via yen carry trade unwinds.
US durable goods orders held steady in August, exceeding forecasts of a 0.4% decrease, with core orders also showing strength.
Yen strengthened, oil prices fell, and 10-year Treasury yields remained near 5.17% in European trading.