The Bank of Japan acknowledges the possibility of another rate hike and may raise its inflation forecast for the next financial year because of persistently high energy prices. At the same time, the policy rate is likely to remain at 1.25% at the 30 October meeting, although a further increase in December cannot be ruled […]
The post Yen Under Double Pressure: High Energy Prices and a Tight Fed Complicate Matters appeared first on ActionForex.
South Korea’s finance minister thinks the chip boom will outlast last week’s selloff. Lee Hyoung-il told CNBC on Saturday, October 17, 2026, that it can run at least through 2027. He spoke on the sidelines Read more…
Germany’s ZEW Economic Sentiment declined from 34.7 to 28.1 in October, missing market expectations of 31.6 and reversing part of the steady improvement recorded over the summer. However, the Current Situation index improved sharply from Read more…
Gold is struggling to hold above $4,100 as Brent tests $110 and the US 10-year yield attempts to recover. Whether $4,000 comes under threat depends on a tug-of-war between oil-driven inflation pressure pushing yields higher Read more…