We are now pencilling in the Bank of Canada’s first interest rate hike of 25 basis points since March 2022 on Wednesday as it faces a pivotal decision amid evolving economic conditions. But, we have very low conviction on the idea of a rate hike this soon, and it’s almost equally probable the central bank […]
The post The Bank of Canada at an Inflection Point: Inflation Fears Live on appeared first on ActionForex.
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 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…