Japan’s core consumer inflation accelerated from 1.7% to 2.1% yoy in September, matching expectations and returning above BoJ’s 2% target for the first time since December 2025. More notably, CPI excluding fresh food and energy rose from 1.9% to 2.4%, pointing to a stronger pickup in underlying price pressures. Headline CPI also increased from 1.9% […]
The post Japan Core CPI Returns Above 2% as Underlying Inflation Broadens appeared first on ActionForex.
Key Highlights USD/JPY failed to settle above 159.00 and dipped. It traded below a key bullish trend line with support at 158.00 on the 4-hour chart. GBP/USD could start a pullback from the 1.3420 resistance. Read more…
Japan’s private-sector activity continued expanding in October, with PMI Composite unchanged at 52.3, marking the nineteenth consecutive month of growth, although the pace remained the joint-weakest since May. PMI Services improved from 51.3 to 52.0, Read more…
Australia’s private-sector activity returned to contraction in October, with PMI Composite falling from 51.3 to 47.7, its lowest level since March and the first decline in five months. The deterioration was driven primarily by PMI Read more…